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Senior Accountant

Senior Accountant

MEMF Electrical Industries CoRiyadh, Riyadh Region, Saudi Arabia
2 days ago
Job description

About MEMF Electrical Industries Co.

MEMF Electrical Industries Co. is the industrial arm of KFB Holding Group, supporting Saudi Arabia’s power infrastructure with locally engineered and high-quality electrical products.

We operate advanced manufacturing facilities in Riyadh, producing a wide range of solutions for utility and industrial customers, including :

  • Smart energy meters
  • LV & MV switchgear solutions (up to 36 kV)
  • Distribution & power transformers (up to 10 MVA)
  • FRP meter boxes & feeder pillars

Our products are internationally type-tested and backed by strong engineering expertise and certified quality systems (ISO 9001 & ISO 45001).

Key Responsibilities

  • Prepare and review general ledger entries, reconciliations, and financial statements in compliance with IFRS and local accounting standards.
  • Ensure accurate and timely monthly, quarterly, and year-end closings.
  • Manage and oversee daily accounting operations, including AP, AR, and fixed assets.
  • Ensure compliance with Zakat, VAT, and other applicable tax laws and filings in KSA (GAZT / ZATCA).
  • Coordinate with external auditors and support the annual audit process.
  • Assist in budgeting, forecasting, and variance analysis.
  • Analyze financial data and provide insights for strategic decision-making.
  • Supervise junior accounting staff and ensure adherence to internal controls.
  • Maintain financial records and documentation in accordance with company policies.
  • Support ERP implementation or upgrades as needed.

    • Qualifications

  • Bachelor's degree in Accounting, Finance, or a related field (CPA, CMA, or SOCPA is preferred).
  • Minimum 5 –7 years of progressive accounting experience, preferably within KSA or GCC.
  • Strong knowledge of IFRS and local financial regulations.
  • Experience in working with ERP systems.
  • Advanced proficiency in Microsoft Excel and financial reporting tools.
  • Excellent analytical, organizational, and communication skills.
  • Proficiency in Arabic and English is highly preferred.

    • Seniority level

    Mid-Senior level

    Employment type

    Full-time

    Job function

    Accounting / Auditing

    Industries

    Electrical Equipment Manufacturing

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    Senior Accountant • Riyadh, Riyadh Region, Saudi Arabia