Financial Reporting Manager

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 metersCircuit breakers (MCB / MCCB / ACB)LV & MV instrument transformersLV & MV switchgear solutions (up to 36 kV)Distribution & power transformers (up to 10 MVA)FRP meter boxes & feeder pillarsOur products are internationally type-tested and backed by strong engineering expertise and certified quality systems (ISO 9001 & ISO 45001).

Key Responsibilities

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.

Key Requirements

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.

What We Offer

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.