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Saudi Accountant

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: MEMF Electrical Industries Co
Full Time position
Listed on 2026-07-27
Job specializations:
  • Accounting
    Financial Reporting
Salary/Wage Range or Industry Benchmark: 60000 - 90000 SAR Yearly SAR 60000.00 90000.00 YEAR
Job Description & How to Apply Below

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 instrument transformers
  • LV & MV switch gear solutions (up to 36 kV)
  • Distribution & power transformers (up to 10 MVA)

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

Key Responsibilities:

  • Record and maintain daily financial transactions accurately.
  • Assist in preparing financial statements and management reports.
  • Support accounts payable and accounts receivable processes.
  • Perform account reconciliations and resolve discrepancies.
  • Assist with month end and year-end closing activities.
  • Ensure compliance with accounting standards and company policies.
  • Support internal and external audit requirements.
  • Maintain organized accounting records and documentation.

Key Requirements:

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • Fresh graduate or with limited professional experience.
  • Registered with or holding a valid SOCPA (Saudi Organization for Chartered and Professional Accountants) certification/registration.
  • Good understanding of accounting principles and financial reporting.
  • Proficiency in Microsoft Office, especially Excel.
  • Strong analytical, organizational, and communication skills.
  • Eagerness to learn and develop professionally.

What We Offer:

  • Competitive salary and benefits package.
  • Professional development and career growth opportunities.
  • Supportive and collaborative work environment.
  • Hands-on experience in a dynamic accounting and finance function.
  • Continuous learning and training opportunities.
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