She's just been named the world's most stylish woman, and now Gwyneth Paltrow is staking her claim on the beauty realm with her new gig as the face of Max Factor.

According to the company, the "Iron Man" actress has signed on to act as "creative inspiration" to the legendary brand's cosmetic team, as well as star to Max Factor's upcoming campaign, which launches globally in November.

People magazine has named Gwyneth Paltrow as the 'World's Best Dressed Woman' for 2012.

The 39 year-old actress and singer was seen at the Oscars, earlier this year, wearing a white cape dress, which many described as the best dress of the night.

Keeping the memory of her father alive, Gwyneth Paltrow served as an executive producer at last night's (September 7) Stand Up to Cancer telethon.

Held at the The Shrine Auditorium in Los Angeles, the "Iron Man" actress showed her support in a gray Stand Up to Cancer t-shirt, orange skirt, and black and white open-toed heels.