Cost Accountant – Retail (Trading Card Games & Collectibles)

Position Overview

We are seeking a highly skilled and detail-oriented Cost Accountant to join our dynamic team in Riyadh, where you will play a pivotal role in driving financial excellence and operational efficiency within our retail division, specializing in Trading Card Games and Collectibles. In this critical position, you will be responsible for overseeing inventory costing, valuation, and stock accuracy while collaborating closely with cross-functional teams to enhance profitability and financial integrity. If you are passionate about retail finance, possess strong analytical skills, and thrive in a fast-paced environment, we invite you to apply and contribute to our continued success.

Key Responsibilities

As a Cost Accountant in our retail division, your core responsibilities will include:

• Inventory Cost Management: Oversee the accurate costing, valuation, and tracking of inventory across all retail operations, ensuring alignment with financial and operational standards.
• Inventory Reconciliation: Conduct thorough reconciliations of inventory movements between the ERP system, Point of Sale (POS) platforms, and physical stock counts to maintain data integrity and minimize discrepancies.
• Margin and Profitability Analysis: Monitor product margins, pricing performance, and profitability trends to identify opportunities for optimization and cost reduction.
• Variance Investigation: Investigate stock variances, discrepancies, and anomalies, implementing corrective actions to resolve issues and prevent recurrence.
• Stock Count Support: Lead and support monthly and annual stock counts, as well as inventory audits, to ensure compliance with internal controls and regulatory requirements.
• Financial Reporting: Prepare comprehensive inventory and cost reports for senior management, providing actionable insights to support strategic decision-making.
• Cross-Functional Collaboration: Partner with Retail Operations, Procurement, and Finance teams to strengthen inventory controls, streamline processes, and drive profitability improvements.
• Inventory Optimization: Identify slow-moving, obsolete, or damaged inventory, offering data-driven recommendations to optimize stock levels and reduce carrying costs.

Requirements

To excel in this role, you must meet the following qualifications and possess the following skills:

• Education: Bachelor’s degree in Accounting, Finance, or a related field from an accredited institution.
• Professional Experience: Minimum of three years of hands-on experience in Cost Control, Inventory Control, or Retail Finance, with a proven track record of success in similar roles.
• Retail Finance Expertise: Strong background in retail inventory management, including cost accounting principles, valuation methodologies, and financial reporting standards.
• Technical Proficiency: Advanced proficiency in Microsoft Excel, with the ability to leverage complex functions, pivot tables, and data analysis tools. Experience with ERP and POS systems is essential.
• Analytical and Problem-Solving Skills: Exceptional analytical abilities, attention to detail, and a methodical approach to problem-solving, enabling you to identify trends, anomalies, and opportunities for improvement.
• Personal Attributes: Demonstrated integrity, accuracy, and a commitment to maintaining high standards of financial and operational excellence.

Preferred Qualifications

While not mandatory, the following qualifications will enhance your candidacy for this role:

• Industry Experience: Prior experience within the Trading Card Games (e.g., Pokémon, One Piece, Yu-Gi-Oh!, Magic: The Gathering), collectibles, hobby, gaming, or specialty retail sectors.
• Advanced Financial Knowledge: Understanding of inventory valuation techniques, pricing strategies, and gross margin management in a retail environment.
• Multi-Store Operations: Experience supporting multi-store retail operations, including the ability to standardize processes and drive consistency across locations.