Banking Accountant

Talaat Moustafa Group Saudi; Riyadh; On-site; SAR 60,000 - 80,000; Full time

Job summary

A leading real estate company in the Riyadh Region seeks a Banking Accountant to manage banking operations and financial transactions. This role includes reconciling accounts and ensuring compliance with regulations. Successful candidates will hold a Bachelor's degree in Accounting or Finance and have at least 3 years of experience in banking/accounting. Proficiency in SAP and MS Excel is essential, along with strong attention to detail and analytical skills. The position emphasizes good communication and relationship-building with financial institutions.

Qualifications

• Bachelor’s degree in accounting, Finance, or a related field.
• 3+ years of experience in banking/accounting, preferably in the real estate industry.
• Strong understanding of bank reconciliation, cash management, and financial reporting.
• Proficient in accounting software (SAP) and MS Excel.
• High attention to detail and strong analytical skills.
• Good communication and interpersonal skills.

Responsibilities

• Manage daily banking operations including transfers, withdrawals, and payment documents.
• Reconcile bank statements with internal financial records and resolve discrepancies.
• Process payments related to property sales, leasing, and vendor contracts.
• Prepare daily and monthly bank reconciliation reports and assist in audits.
• Coordinate with property management, sales, and legal departments for transactions.
• Maintain accurate records of bank facilities, loans, and interest payments.
• Ensure compliance with regulations, policies, and reporting standards.
• Liaise with banks to open/close accounts and negotiate services.
• Support budgeting, forecasting, and financial planning processes.

Skills

Bank reconciliation

Cash management

Financial reporting

Analytical skills

Communication skills

Education

Bachelor’s degree in accounting or Finance

Tools

SAP

MS Excel

Job description

Overview

Banking Accountant is responsible for managing all banking-related financial transactions, ensuring proper reconciliation of accounts, and maintaining strong relationships with financial institutions. In the real estate industry, the role involves handling large-scale project transactions, monitoring cash flow, and ensuring compliance with financial regulations.

Responsibilities

• Manage daily banking operations including transfers, withdrawals and payment documents.
• Reconcile bank statements with internal financial records and resolve discrepancies.
• Process incoming and outgoing payments related to property sales, leasing, and vendor contracts.
• Prepare daily and monthly bank reconciliation reports and assist in financial audits.
• Coordinate with property management, sales, and legal departments for financial transactions.
• Maintain accurate records of bank facilities, loans, and interest payments.
• Ensure compliance with banking regulations, company policies, and financial reporting standards.
• Liaise with banks to open/close accounts, update mandates, and negotiate services or terms.
• Support budgeting, forecasting, and financial planning processes.

Qualifications

• Bachelor’s degree in accounting, Finance, or a related field.
• 3+ years of experience in banking/accounting, preferably in the real estate industry.
• Strong understanding of bank reconciliation, cash management, and financial reporting.
• Proficient in accounting software (SAP) and MS Excel.
• High attention to detail and strong analytical skills.
• Good communication and interpersonal skills.