Financial Reporting Manager

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).

• Lead the year-end financial reporting and external audit process.
• Prepare and review audit working papers and supporting documentation.
• Ensure accurate and timely completion of regulatory and statutory reports.
• Manage financial reporting requirements, including government surveys and external submissions.
• Provide accurate financial information to support management decision-making.
• Oversee bank reconciliations and ensure timely resolution of outstanding items.
• Assess the impact of new accounting standards on financial reporting and disclosures.
• Review and enhance financial reporting controls and processes.
• Develop controls and reporting procedures to ensure GL data accuracy and integrity.
• Coordinate audits required by funding agencies and third‑party agreements.
• Oversee financial reporting for controlled and affiliated entities.
• Review and analyze the financial statements of affiliated entities.
• Establish short- and long-term priorities for the Financial Operations function.
• Partner with the Controller to strengthen financial reporting and operational effectiveness.
• Provide financial reporting expertise to Finance initiatives and cross‑functional projects.
• Identify opportunities to improve reporting processes, controls, and efficiency.
• Support senior management with financial analysis, insights, and reporting recommendations.

• 10–15 years of progressive experience in financial reporting, accounting, or finance.
• Bachelor’s degree in Accounting, Finance, or a related field.
• CPA, ACCA, CMA, or equivalent professional certification is preferred.
• Strong knowledge of financial reporting and accounting standards.
• Proven experience managing external audits and regulatory reporting.
• Strong understanding of internal controls, reconciliations, and financial processes.
• Experience with consolidation and affiliated entity reporting is an advantage.
• Advanced proficiency in ERP systems and Microsoft Excel.
• Strong analytical, problem‑solving, and attention‑to‑detail skills.
• Excellent communication and stakeholder management abilities.
• Proven ability to manage multiple priorities and strict reporting deadlines.
• Strong leadership skills with the ability to guide and develop finance teams.

• Competitive salary and benefits package.
• Leadership opportunity within a high‑impact finance function.
• Professional growth and career development opportunities.
• Exposure to senior management and strategic financial initiatives.
• Collaborative and performance‑driven work environment.