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About MEMF Electrical Industries Co.

MEMF Electrical Industries Co. is the industrial division of KFB Holding Group, dedicated to supporting Saudi Arabia's power infrastructure. The company engineers and manufactures high-quality electrical products from its advanced facilities in Riyadh. MEMF's product range serves utility and industrial clients and includes smart energy meters, various types of circuit breakers, LV & MV instrument transformers, LV & MV switchgear solutions up to 36 kV, distribution & power transformers up to 10 MVA, and FRP meter boxes & feeder pillars. All products are internationally type-tested and supported by robust engineering expertise and certified quality systems, including ISO 9001 & ISO 45001.

Role Overview: Saudi Accountant

MEMF Electrical Industries Co. is seeking a Saudi Accountant to join its team in Riyadh. This full-time position is suitable for a recent graduate or an individual with 0-1 years of professional experience. The role involves supporting the finance department in various accounting functions to ensure accurate financial record-keeping and reporting.

Key Responsibilities

• Accurately record and maintain daily financial transactions.
• Assist in the preparation of financial statements and management reports.
• Support accounts payable and accounts receivable processes.
• Perform account reconciliations and resolve any identified discrepancies.
• Assist with month-end and year-end closing procedures.
• Ensure adherence to accounting standards and company policies.
• Support internal and external audit requirements.
• Maintain organized accounting records and documentation.

Qualifications and Requirements

• Must be a Saudi National.
• Possess a Bachelor’s degree in Accounting, Finance, or a related field.
• Fresh graduate or with limited professional experience (0-1 years).
• Registered with or holding a valid SOCPA (Saudi Organization for Chartered and Professional Accountants) certification/registration.
• Good understanding of fundamental accounting principles and financial reporting.
• Proficiency in Microsoft Office, with a strong emphasis on Excel.
• Strong analytical, organizational, and communication skills.
• Demonstrated eagerness to learn and develop professionally.

Work Environment and Development

This is a full-time position based in Riyadh. MEMF Electrical Industries Co. offers opportunities for professional development and career growth within a supportive and collaborative work environment. The role provides hands-on experience in a dynamic accounting and finance function, with continuous learning and training opportunities available.