Accountant 2 - Development

Life Time Property Development, Construction, is the innovative and vertically integrated in-house Construction Division. We construct new buildings and remodel existing facilities to deliver luxury health and fitness destinations across the continental United States and in various parts of Canada. Projects are mainly large scale and complex, varying in size, scope, and value including, health and fitness clubs, co-working spaces, multi-family housing, and mixed-use developments. Combine your passion for construction management and healthy living under one roof while building the career of a Life Time.

Position Summary

The Development Accountant is a critical and valued part of the Life Time team by providing accounting support to project teams and performing various accounting tasks to ensure accurate and timely financial reporting.  The development accountant’s responsibilities will include a wide range of financial activity from due diligence through center grand opening.  The team member will uphold the fulfillment of Life Time’s Mission Statement.

Job Duties/Responsibilities

• Maintain ledger detail by project for property development teams
• Prepare monthly project accruals for work completed to date
• Ensure all project costs are processed in accordance with GAAP
• Uphold controls for audit compliance under Life Time’s accounting policies
• Perform general ledger accounting including journal entries, account analysis, and reconciliation
• Understand financial contracts including leases and development agreements, prepare and assemble applications for payment to landlords/partners
• Participate in the month, quarter, and year end reporting processes
• Contribute to ad hoc projects and duties related to the achievement of company and department goals

Minimum Required Qualifications   

• Knowledge of Generally Accepted Accounting Principles (GAAP)
• Knowledge of general ledger accounting
• Knowledge of standard office procedures and familiarity with Microsoft Office products
• Ability to effectively manage multiple projects simultaneously
• Critical thinking and problem-solving skills
• Excellent customer service skills
• Team-oriented

Education:

• Bachelor's Degree in Accounting or a related field

Pay

This is a salaried position starting at $64,000.00(or applicable minimum salary, if higher) and pays up to $88,000.00, based on experience and qualifications.

Benefits

All team members receive the following benefits while working for Life Time:

• A fully subsidized membership

• Discounts on Life Time products and services

• 401(k) retirement savings plan with company discretionary match (21 years of age and older)

• Training and professional development

• Paid sick leave where required by law

Full-time Team Members are eligible for additional benefits, including:

• Medical, dental, vision, and prescription drug coverage 

• Short term and long term disability insurance

• Life insurance

• Pre-tax flexible spending and dependent care plans

• Parental leave and adoption assistance

• Paid time off, including 5 to 20 vacation days per calendar year (based on tenure) and paid sick leave

• Deferred compensation plan, if the team member meets the required income threshold

Life Time is a place for everyone. As an organization, we are committed to an inclusive, diverse and equitable workplace that respects and celebrates the unique contributions of each individual while ensuring we remain an equal opportunity employer that recruits, hires, trains and promotes based on merit and qualifications.