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Question: Bookmark for MP3 compressed Audible books help.

I cannot figure out how to make a bookmark and then play from a bookmark. I listen to audio books from Audible that I have converted to MP3 format so I can use only one disc to record books. If a book has two parts then there will be only two tracks on the disc, each part 5-7 hours. The fast forward feature is horribly slow and a general pain to deal with. I would like to be able to bookmark where I am on the disc.
Is there any other way to jump to a specific time on the track beyond FF and backwards? Any help appreciated.