Bank Section Head

22 hours ago


th of October City, Giza, Egypt Newgiza Sports Club Full time

Job Purpose:

The Bank Section Head is responsible for managing the daily operations of the Bank Accounting section, ensuring the integrity of the Club's financial records and bank balances. The role involves monitoring liquidity and cash flow, ensuring strict compliance with internal financial policies, and maintaining strong internal controls over cash and bank transactions.

Key Responsibilities:

  • Operational Management:
    Supervise the daily recording of bank transactions (deposits, transfers, payments) and verify data entry accuracy against supporting documents.
  • Reconciliation:
    Manage the bank reconciliation process, tracing and resolving complex discrepancies between bank statements and company records.
  • Reporting:
    Track daily bank balances, review the daily cash position report, and perform weekly/monthly reconciliations to align with the General Ledger.
  • Compliance & Documentation:
    Ensure all transactions strictly follow the Club's financial policies and maintain a comprehensive filing system for audit readiness.
  • Banking Relations:
    Process banking requests (e.g., transfer letters), address transaction errors, and resolve issues such as bounced checks.

Job Qualifications:

  • Education:
    Bachelor's degree in Accounting, Commerce, or Finance.
  • Experience:
    Minimum 7 years of general accounting experience, with significant expertise in
    Bank Accounting
    and reconciliations.
  • Technical Proficiency:
    Advanced skills in
    Microsoft Excel
    (handling large datasets) and experience with ERP systems (e.g., SAP, Oracle).
  • Analytical Skills:
    Strong problem-solving abilities to resolve complex reconciliation discrepancies and ensure accuracy.
  • Leadership:
    Ability to lead a team and meet tight monthly closing deadlines.
  • Communication:
    Excellent verbal and written skills to coordinate effectively with banks and internal departments.

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