Job Details

Overview

Retail Cost Accountant

The Retail Cost Accountant is responsible for managing and analyzing cost-related financial data within the retail business. This role ensures accurate cost accounting, inventory valuation, and margin analysis while supporting financial planning and decision-making. The Retail Cost Accountant works closely with operations, procurement, and finance teams to maintain strong internal controls and optimize profitability.

Reports to

CFO

Responsibilities

• Maintain and monitor cost accounting systems, processes, and records specific to retail operations.
• Prepare and analyze cost reports, profit margins, and variances using advanced Excel tools.
• Partner with store managers and operations teams to track shrinkage, pricing, and cost of goods sold (COGS).
• Ensure accurate valuation of inventory in compliance with GAAP and company policies.
• Analyze purchase price variances, vendor costs, and product margins.
• Provide cost-related insights into management for pricing strategies and operational improvements.
• Develop and implement cost control procedures to improve efficiency and profitability.

Minimum Qualifications

• Bachelor's degree in accounting, Finance, or related field (CPA or CMA preferred but not required).
• 2–4 years of experience in cost accounting, preferably in retail or consumer goods.
• Strong knowledge of GAAP and cost accounting principles.
• Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP, formulas, and data analysis tools are a must).
• Experience with accounting/ERP software (e.g., QuickBooks, AX, Oracle, SAP).
• Excellent analytical, problem-solving, and organizational skills.
• Ability to work independently and collaborate across multiple departments.
• High attention to detail and accuracy.

Skills & Competencies

• Strong understanding of retail inventory management and valuation.
• Ability to analyze complex financial data and present clear insights.
• Familiarity with POS systems, supply chain processes, and vendor cost management.
• Strong communication and interpersonal skills.
• Commitment to maintaining confidentiality and integrity in all financial matters.

Work Environment

• Office-based with occasional visits to retail store locations and/or warehouses.
• Fast-paced, deadline-driven environment.

Disclaimer

This job posting is intended to describe the general nature of this position. It is not intended to be an exhaustive list of all responsibilities, duties and skills required. Employee benefits may vary by location, position, and employment status. Final candidates will be required to complete a background check. All positions will require a TAM card and some non-gaming card. Lee's Discount Liquor is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, national origin, gender, age, religion, disability, sexual orientation, veteran status, or marital status.