Sr. Treasury Analyst

About Us

Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the United States by number of members and locations. We have over 2,700+ stores in 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, Australia, and Spain. 90% of Planet Fitness stores are owned and operated by independent franchisees.

 

At Planet Fitness, our unique mission has always been to enhance people’s lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment. And we’re proud of the amazing Planet Fitness team that supports our clubs and team members. They are comprised of dynamic, dedicated, and talented individuals who represent our values of integrity, transparency, passion, respect, and excellence (while having fun!) in everything they do.

 

Joining the PF family means being part of a company that cares about bettering the health and wellbeing of our communities. It means being a part of a supportive, engaging workforce with an inclusive culture that values diversity and creates an environment where everyone can feel they belong. It means encouraging professional growth and development. It means making true, lasting connections with your co-workers with celebrations, team building activities and engaging corporate events! It means creating a positive impact in our local communities through our Judgement Free Generation® philanthropic initiative. It means being part of a brand that you can be proud of!

 

For the past 30 years, we’ve helped millions of people in their fitness journey and revolutionized the industry along the way. And we’re just getting started!

Overview

The Sr. Treasury Analyst will support Planet Fitness’ worldwide cash management and forecasting, debt management and on-going compliance, operational banking structures, and treasury/bank systems. The Sr. Treasury Analyst will assist in managing cash, maintaining banking relationships, ensuring compliance, and optimizing working capital.

 

The Sr. Treasury Analyst will interact and provide oversight from a financial perspective around Planet Fitness’ various insurance policies and renewals. The Sr. Analyst will also prepare reports for senior leadership, auditors, and external stakeholders regarding cash, debt, and treasury activities.

 

The ideal candidate has experience in treasury operations, financial analysis and corporate debt management.

 

This role will require working our hybrid schedule out of the Hampton, NH office. 

Responsibilities

• Assist in the preparation of the Company’s cash flow forecasts (daily, weekly, monthly, and annual) and performs financial modeling, analyzing budget to actual results.
• Monitor daily cash availability, requirements and activity across multiple bank accounts and entities, ensuring accurate cash balances and transaction detail are pulled for specific bank accounts. Consistently update cash forecast Excel files for weekly actuals.  
• Oversee cash reconciliation files and waterfall charts, preparing emails to outline the Company’s weekly cash position.
• Request approvals for wire limits and transfers and manage the online account associated with the wires.
• Run bank statement reports, coordinate bank account requests and handle the opening and closing of bank accounts.
• Perform foreign exchange and interest rate risk calculations and reports findings to leadership.
• Support the administration of debt compliance, including coordination and strategic problem solving with various internal and external partners.
• Administer Company purchasing cards.
• Coordinate annual FBAR reporting for compliance.
• Maintain SOX compliance in treasury and related areas.
• Prepare WBS journal entries, pricing updates, certificate preparations and compliance.
• Respond to tax notices and runs reports for tax payments, tracking tax overpayments by state.
• Monitor bank service fees and address quality issues including benchmark studies of banks and their services to evaluate whether it fits Company’s requirements.
• Recommend, implement, and maintain treasury control & process improvements.
• Provide analytical and other support in response to changing business conditions and requirements.

Qualifications

• Bachelor’s degree in finance, accounting, economics or related field
• 3-5+ years of experience in financial, banking, and/or corporate treasury. CTP or CFA designation a plus
• Treasury experience in supporting domestic and international operational banking relationships, corporate cash management, payment processing, investments, and forecasting
• Knowledge of franchising, a plus
• Experience with Securitization, a