Senior Accountant

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 Senior Accountant will be responsible for applying the proper application of US GAAP accounting functions necessary to support Planet Fitness’s daily operational activities as well as month-end and year-end close activities. The Senior Accountant will specifically be responsible for accounting activities required to maintain the company’s general ledger including, but not limited to, equipment month-end accounting, GL reconciliations, monthly accruals, allocation entries, recording of revenue and expenses, variance analysis, acquisitions, and accounting for international operations.

 

This position is based out of our Hampton, NH office and will be expected to work our hybrid work schedule.

Responsibilities

• Participate in the month end accounting close process and ensure proper application of US GAAP.
• Prepare journal entries for entry into the general ledger system by collecting necessary data; analyze and prepare audit trail support for the journal entries.
• Assist with managing reporting around deferred revenue balances by applying relevant technical accounting principles and guidance.
• Manage and ensure accurate month-end US GAAP reporting of revenue and expenses related to the equipment segment.
• Assist with monthly accrual process including, but not limited to, running meetings with department heads to estimate unbilled liabilities based on purchase order reporting
• Prepare complex balance sheet reconciliations.
• Assist with review of general ledger activity for accuracy; analyzes to ensure proper expensing and capitalization of costs; research and correct discrepancies.
• Assist with P&L and Balance Sheet balance trend analyses; evaluate and thoroughly document variance explanations.
• Perform SOX controls; maintain process flowcharts and evidence of controls for areas of responsibility.
• Assist with quarterly and annual examinations by external auditors; compile support, fill out audit templates, and fulfill other ad hoc requests, as needed.
• Assist in the preparation of supporting documents for 10-Q and 10-K documents and tie-outs, as needed.
• Partner and collaborate with peers and cross functional business partners to drive change management, lead process improvement and alignment.
• Play a key role in the implementation and optimization of systems and processes to ensure accurate and efficient day-to-day processing and month-end close procedures.
• Assist with ad hoc analyses and special projects, as necessary.

Qualifications

• Bachelor’s Degree in Accounting or Finance with a minimum of 5+ years of relevant accounting experience
• Certified Public Accountant or CPA candidate strongly preferred
• Public accounting experience strongly preferred
• Solid understanding of US GAAP and SOX Compliance
• Proficient in Excel including advanced formulas (PIVOT Tables, VLOOKups, SUMIFs, etc.)
• Experience with Great Plains a plus
• SEC Reporting experience a plus
• Strong analytical and problem-solving skills
• Highly organized and effe