COST Accountant - Retail Industry Operations - Male - Hyderabad

Job Description

Role Summary The Cost Accountant will support our retail store in Fresh, FMCG, FMCD and Staples:- Verifying Purchase Orders (POs) against agreed Terms of Trade. Analysing landed cost, MRP, markup/markdown to recommend optimal selling prices. Modeling off-invoice incentives, cash-discounts and other trade schemes. Tracking post-PO invoice variances to re-compute cost and price impacts. Ensuring timely and accurate PO & invoice processing to safeguard margins. PO Verification & Approval - Review incoming POs against vendor T&C (rates, payment terms, delivery schedules). - Validate landed cost elements (freight, handling, taxes, duties). - Prepare cost build-up and propose MRP/retail selling price using standard markup models. - Document off-invoice schemes, cash discounts, promotional allowances for inclusion in cost build-up. Price Analysis & Setting - Calculate MRP from landed cost + target margin. - Run what-if scenarios for markup/markdown impacts on gross margin. - Recommend price adjustments for slow-moving or promotional SKUs. Invoice Reconciliation & Variance Analysis - Match vendor invoices to approved POs; flag quantity, rate, scheme variances. - Compute cost variances and update selling-price recommendations. - Liaise with procurement/vendor teams to resolve discrepancies. Core Skills Advanced Excel (VLOOKUP, pivot-tables). Understanding of GST, freight, handling and trade-scheme accounting. Desired Candidate Profile CMA / MBA / PGDM Finance Fresh candidates or 2-3 years of experience preferably in RETAIL / E COMMERCE INDUSTRY with excellent excel knowledge . PF / ESI / Yearly Bonus will be paid as per Statutory Laws Work Location Ameerpet - Hyderabad Telugu language speaking, reading and writing is essential Contact Number 040-67751223 Please mail your resumes careers#todaysbasket.com