Accountant Required in Dubai - Dubai
Accountant Required in Dubai
Who We Are: At Huda Beauty, our Vision is to lead in creating a democratized beauty industry where power is given back to people to define, create, and enjoy beauty for themselves! Launched by award-winning beauty powerhouse Huda Kattan in 2013, Huda Beauty is one of the world’s fastest growing beauty brands. As a company, we are fueled by purpose and not profit, this allows us to approach things differently so that we can create products, content, and a community like no other. A lot has changed since our launch in 2013, but something that will forever remain at the core of Huda Beauty is our focus on business excellence and our unwavering passion for kindness!
Summary: Huda Beauty is looking for a stellar Accountant to join our Finance team. In this role, the Accountant will handle inventory reconciliation, reporting and invoice booking. They will be a key part of the Finance and will help drive efficiency in Inventory and reporting. A natural cross-functional collaborator who will work in close alignment with Supply Chain and other departments. This role reports into the Chief Accountant.
Essential Duties and Responsibilities:
Inventory Invoice Booking
All inventory invoices should be booked against GRN. Hence GRN should be checked and closed against Invoice on monthly basis.
Completing all Inventory Invoices, Pre-payment invoices & entries in ERP & reconciling of the same before the month end (including shipping & duty invoices)
Samples shipping cost to be loaded on the Invoices
Generating & reconciling monthly reports includes Vendor aging with monthly SOA from Vendors to check open PO & outstanding Invoices
Maintaining filings / e-folders for all inventory / freight forwarders Invoices
Vendor creation process – Checking all documentation & approvals for creating new Vendors in ERP
Payment run
All booked invoices due should be settled as per the payment plan by Treasury department.
Provide forecasting of payments for cash flow analyses
Reconciliation
Inventory reconciliation across all regions must be performed. It includes the below:
Inventory at each Region, Site, Warehouses
Warehouses with location as Transfer order, Variance, office, Kitting should be analyzed & the balances should be justified.
discrepancies like negative stock, incorrect cogs, differences in Financial and Physical posting, consumables with quantity and no value should be checked & corrected
Cogs Reconciliation: COGS should be checked across all entities to ensure Inventory is recorded accurately
Vendor reconciliation
Weekly/Monthly reconciliations of SOA from Vendor to ensure accurate inventory payable figures in the accounts
VAT reconciliation across all Entities
Generating Sales Tax report for FTA filings and to match it with Trial Balance and to share VAT report with respective VAT consultants. To be Vat compliant across all regions. Vat to be filed before the due date.
Reporting
Month end reports to be prepared.
To prepare sub-ledger stock report reconciliation across all entities every month to be reconciled with TB
Inventory Valuation Report for the management including stock reconciliation & movement
To perform month end reports for any one or two entity
To ensure controls are followed and monitored
Inventory related accounts are monitored like Advances to vendors breakdown
Audit tasks
At year end, to verify inventory listing with Vendors, reconcile with stock count and confirmation list from vendor. To have quick turnaround time to provide audit required details.
Requirements:
Bachelor's degree and preferred certified Accountant like CPA, CMA
3-5 Years experience in handling inventory and reporting
Performs work with less supervision and independently
Great mix of analytical, strategic, and creative ability
Self-starter with a strong ability to multitask various projects
Problem solving and problem analysis skills
Positive, roll-up-your-sleeves mentality to get the job done
Strong communicator, ready to lead projects & present to senior management
A team player that is willing to wear many hats and thrives in a fast-paced environment
Our Benefits & Perks:
Monthly “Self Love Days” – at company discretion
Premium Medical/Dental/Vision coverage for employee
Monthly coaching sessions with our in-house Success Coach
Employee discounts on all Huda Beauty, Wishful, and Kayali products
Hybrid working schedules (home and office)
Quarterly product gifting
Huda Beauty is committed to building diverse and inclusive teams and upholding an equal employment workplace that is free from discrimination. We hire stellar individuals regardless of their race, color, ancestry, religion, gender identity, national origin, ***ual orientation, age, marital status, medical conditions, disability, or veteran status. If you need reasonable accommodations at any point in the application or interview process, please let us know.
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