Saudi Accountant

About MEMF Electrical Industries Co.

MEMF Electrical Industries Co., a subsidiary of KFB Holding Group, serves as the industrial backbone of Saudi Arabia’s power infrastructure by delivering locally engineered, high-quality electrical solutions. Headquartered in Riyadh, our state-of-the-art manufacturing facilities produce an extensive portfolio of products tailored to meet the demands of utility and industrial clients, including:

• Smart energy meters
• Circuit breakers (MCB, MCCB, ACB)
• LV & MV instrument transformers
• LV & MV switchgear solutions (up to 36 kV)
• Distribution & power transformers (up to 10 MVA)
• FRP meter boxes & feeder pillars

All our products undergo rigorous international type-testing and are backed by a team of seasoned engineers and certified quality management systems, including ISO 9001 and ISO 45001. We are committed to driving innovation and excellence in every aspect of our operations.

Key Responsibilities

As a Saudi Accountant at MEMF Electrical Industries Co., you will play a pivotal role in maintaining the financial integrity of our organization. Your core responsibilities will include:

• Recording and maintaining daily financial transactions with precision and accuracy.
• Assisting in the preparation of financial statements and management reports to support strategic decision-making.
• Supporting accounts payable and accounts receivable processes to ensure timely and efficient financial operations.
• Performing account reconciliations and resolving discrepancies to uphold financial accuracy.
• Assisting with month-end and year-end closing activities to ensure compliance with reporting deadlines.
• Ensuring adherence to accounting standards and company policies to mitigate financial risks.
• Supporting internal and external audit requirements to maintain transparency and accountability.
• Organizing and maintaining accounting records and documentation in compliance with regulatory standards.

Key Requirements

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

• Saudi Nationality is required.
• Bachelor’s degree in Accounting, Finance, or a related field from a recognized institution.
• Fresh graduates or candidates with limited professional experience are encouraged to apply.
• Registered with or holding a valid SOCPA (Saudi Organization for Chartered and Professional Accountants) certification or registration.
• Strong understanding of accounting principles and financial reporting standards.
• Proficiency in Microsoft Office, with advanced skills in Excel for data analysis and reporting.
• Exceptional analytical, organizational, and communication skills to collaborate effectively across departments.
• Demonstrated eagerness to learn and develop professionally in a dynamic environment.

What We Offer

Joining MEMF Electrical Industries Co. means becoming part of a forward-thinking organization that values professional growth and development. We provide:

• A competitive salary and comprehensive benefits package to support your financial and personal well-being.
• Ample opportunities for professional development and career advancement within a growing industry.
• A supportive and collaborative work environment that fosters innovation and teamwork.
• Hands-on experience in a dynamic accounting and finance function, contributing to critical business decisions.
• Continuous learning and training opportunities to enhance your skills and expertise.