Windows – Git is in the PATH, but is not being recognized as a command

I've recently reinstalled Git, and I just can't get it to run off the native Windows command prompt anymore. I'm sure it is in Path environment variable, as you can see:

C:\Users\Ult>where git
C:\Program Files (x86)\Git\cmd\git.exe

C:\Users\Ult>git --version
'git' is not recognized as an internal or external command,
operable program or batch file.

C:\Users\Ult>"C:\Program Files (x86)\Git\cmd\git.exe" --version
git version 1.9.4.msysgit.2

So far I've tried:

• Close and reopen the command prompt;
• Reinstall Git once again;
• Reboot computer;
• Edit the Path environment variable, moving C:\Program Files (x86)\Git\cmd to the beginning of it.

I've already looked around the web and in SU and couldn't find a solution. Please don't close as a dupe of the existing similar questions which are just about not having Git in the Path or reopening cmd.exe. I've already tried these and they do not solve the issue.

I need to be able to run Git off the native cmd.exe in order for some of my IDE/text editors' Git plugins to work properly. That means I can't just use Git Bash (which works fine).

Running on Windows 7 x64 Ultimate.