Bank accountant and the job characteristics

Table Of Contents

Different from other jobs in the accounting profession, the position of a bank accountant has its own characteristics, requiring employees to know them well to have the best work performance.

The job of a bank accountant is quite specific and complicated. There are also quite a few people who want to pursue this career but are still wondering what a bank accountant is and how to apply for this position. Understanding the readers' need, in the article below, Navigos Search will fully synthesize information about the position of a bank accountant to provide you the most accurate overview of this job.

1. Overview of the bank accountant position

Banking accounting is one of the sectors of the accounting field. A bank accountant is responsible for recording, processing and analyzing economic and financial operations and providing necessary information for the management team of monetary activities at the bank according to the regulations and provisions of the law.

The main duties of a bank accountant are:

  • Check the accuracy of the check, sign and stamp to submit the check to the superior
  • Check the validity and legitimacy of payment requests and make payment orders, payment authorization documents, purchase foreign currency
  • Check the bank documents, accounts and input data into the software.
  • Prepare, check and monitor the application for bank guarantee
  • Prepare bank loan and payment documents
  • Check the deposit balance then report to the superiors to control and implement the reasonable budget plan and cash flow
  • Monitor the status of the payment process, endorse the original bill of lading
  • Print the statement, sign it and send it to the check-in department
  • Organize the storage of documents, payment papers, tax receipts,...
  • Summarize and report work progress to superiors

There are plenty important tasks to complete

 

Register for BANK ACCOUNTANT job alerts

2. Characteristics of the bank accountant profession

Compared with other accounting professions such as sales accounting, tax accounting, etc., bank accounting has its own outstanding features such as:

Generalization 

A bank accountant only works at the banks and must understand the bank's finance regulations. A bank is an intermediary between businesses, economic organizations or individuals, and is the place where continuous transactions take place. Therefore, a bank accountant must summarize and reflect regular financial and economic activities through payment, credit, etc.

Absolute accuracy

Because the bank accountant is an important link in the banking system, handling transactions involving large amounts of money, all transactions need to be handled according to the standard process. The important factor of a bank is capital and the flow of capital in the monetary fund. When there is a new operation related to these two factors, the bank accountant needs to collect and record accurately.

In addition, the banking system is organized in a unified manner, so if there is a change, the accountant must be well aware of it to apply the change correctly. 

The amount of documents is large and complicated

Due to the continuous transactions of individuals and organizations with the bank, the number of documents that the bank accountant has to handle is very large and complicated. This creates a lot of work pressure and not everyone can handle it.

Characteristics of banking accounting profession

3. It is required that a bank accountant must have expertise 

Banking and accounting recruiters always give recruitment criteria on professional capacity, experience, skills and qualities to find the right candidate. In terms of professional capacity, you must be well-trained at universities in Accounting, Economics, Banking, ... at the same time you must have foreign language skills as well as professional accounting skills.

Recruitment agencies also require candidates to have at least 2-3 years of working experience as an accountant, proficient in using relevant software to support the job such as PM ERP, FAST, MISA ,...

Analysis, synthesis, accuracy and carefulness, work under pressure, time management, work arrangement, communication, professional and skillful behavior, dynamism and creativity,... also are important skills in this profession. You should practice to master them and improve your chances of getting hired as well as becoming a professional bank accountant.

4. Future career prospects

Currently, in Vietnam, there are many bank models, from state-owned commercial banks, private banks to foreign-invested banks such as Vietcombank, BIDV, Vietinbank, Agribank, Techcombank, SCB, VIB, ACB, etc. Sacombank, Eximbank, VPBank,...

Any bank needs an accountant position, so job opportunities are huge, especially for candidates who are good at English. If you have professional capacity and work experience, you can completely apply for similar positions in the bank such as teller, professional accountant, controller, document storage officer, .. If you become a bank accountant, the average income you will receive is VND 9-12 million/month along with many other attractive policies and benefits from the bank.

Career opportunities and salary are very attractive

 

Register for BANK ACCOUNTANT job alerts

5. Find bank accountant jobs quickly at Navigos Search

With the strong development of the Internet today, anyone can go online to look for a job. However, when working with a headhunter (recruitment company / talent hunting company), you will have more attractive job opportunities. In many cases, you do not have access to jobs with few job postings or job positions that businesses do not want to spend a lot of time and advertising costs on. Therefore, find a headhunting company, they will connect you with businesses that have vacancies that match your expertise and experience. 

See more: 10 great benefits when recruiting through headhunters

Today, Navigos Search is the number 1 prestigious and effective headhunter brand in Vietnam with more than 20 years of experience in the recruitment market.

The greatest advantage of Navigos Search is that we have a consultants team who are very experienced recruitment experts, who are knowledgeable of each industry field. With a very strict working process, we ensure providing the best quality candidates and the highest quality job information. All of these factors have helped Navigos Search reach new heights in customer service quality, holding the No. 1 position in the field of recruiting mid- and senior-level personnel in Vietnam.

Please send your CV to Navigos Search to become a potential candidate. Based on the methodical recruitment process, the candidate's ability and experience, the recruitment specialist will conduct a search for suitable job positions and actively contact the candidate if there are any available vacancies. After the candidate is selected, Navigos Search continues to follow up and support when needed to aim for the final goal of helping candidates "achieving success after getting the dream job".

The number 1 prestigious headhunter company in Vietnam today

Whether you are interested in the news of recruiting bank accountants in Hanoi, recruiting bank accountants in HCMC ... or want to be notified about other positions that match your skills and your ambition, do not hesitate to share with Navigos Search. We are always trying to help candidates reach their dreams through the number 1 professional recruitment service in Vietnam!

Navigos Search - Vietnam's leading middle and high-level talent hunting company

Registration Form For Subscribing To Latest Advices
backtotop