Staff Accountant

About Fervo Energy

Fervo Energy (NASDAQ: FRVO) is a modern power company developing next-generation geothermal resources to meet the growing demand for affordable, reliable, 24/7 carbon-free energy. Our mission is to transform geothermal into America’s most dependable and affordable source of clean, around-the-clock power. By combining innovations in horizontal drilling, fiber-optic sensing, and advanced reservoir engineering, Fervo has developed a repeatable approach to building utility-scale enhanced geothermal systems. Our flagship Cape Station development in Utah is planned to deliver 500 MW of firm, carbon-free power, and we are advancing a development pipeline of more than 50 GW. Join us and work alongside world-class engineers, geoscientists, operators, project builders, and business leaders working to make geothermal a cornerstone of a more reliable, affordable, and sustainable energy future.

Position Description

We are seeking a Staff Accountant, General Accounting to support Fervo’s Assistant Controller in executing the monthly close, preparing journal entries, reconciling balance sheet accounts, and maintaining audit-ready documentation across multiple entities. This is an excellent early-career role for an accountant who wants to build public-company close and controls experience in a fast-growing energy infrastructure company.

The Staff Accountant, General Accounting will report to the Assistant Controller and support core close and general ledger activities, including cash posting, bank reconciliations, prepaids, accruals, PP&E, intercompany, and G&A allocations. The role requires strong attention to detail, curiosity, accountability, and the ability to learn quickly.

The ideal candidate will be comfortable preparing well-supported entries and reconciliations, responding to reviewer feedback, and following documented procedures that conform to GAAP and SOX requirements. Fervo is scaling rapidly, so this role requires ownership of assigned tasks, crisp communication, a controls mindset, and the ability to work effectively with Accounting, Finance, Operations, Treasury, Tax, and external auditors.

Responsibilities

Month-End Close and General Ledger Support

- Prepare recurring and ad hoc journal entries, including cash posting, prepaids, accruals, PP&E, payroll-related accruals, and G&A allocations, with complete supporting documentation.

- Complete assigned close tasks on schedule within the close calendar and communicate status, dependencies, and blockers to the Assistant Controller.

- Gather support from Accounts Payable, Treasury, Operations Accounting, and other teams to ensure entries are complete, accurate, and properly supported.

- Assist with preparation of monthly flux analyses and account roll forwards for review by the Assistant Controller and Controller.

- Support the use of close management, reconciliation, ERP, and automation tools, and suggest ways to simplify or standardize manual close tasks.

Reconciliations, Controls and Audit Support

- Prepare monthly balance sheet reconciliations for assigned accounts, including bank reconciliations, and research and clear reconciling items on a timely basis.

- Maintain desktop procedures and process documentation for assigned tasks and update them as processes change.

- Prepare audit and SOX support requests (PBCs) and control evidence for close, reconciliation, allocation, and accrual processes as directed.

- Identify unusual balances, stale reconciling items, and missed accruals, and escalate to the Assistant Controller.

Qualifications

Required

- Bachelor’s degree in Accounting, Finance, or related field.

- 1-3+ years of accounting experience; internship, public accounting, or general ledger experience a plus.

- Working knowledge of US GAAP, debits and credits, journal entries, and account reconciliations.

- Proficient Excel skills (lookups, pivot tables) and ability to work accurately with multi-tab workbooks and reporting schedules.

- Strong attention to detail, organization, and ability to meet deadlines in a close calendar.

- Clear written communication and ability to document work so reviewers can follow the logic and source data.

- High ownership mindset and willingness to learn new areas of accounting.

Preferred

- CPA candidate or CPA eligibility.

- Internship or early-career experience in public accounting or a public company.

- Experience with FloQast, Quorum, OpenInvoice, or an enterprise ERP.

- Experience in energy, infrastructure, renewable power, or multi-entity environments.

- Interest in geothermal energy and Fervo’s mission.

Location

Fervo Energy has offices in Houston, TX, Golden, CO, Reno, NV, Oakland, CA, and Salt Lake City, UT. This position will be eligible for some hybrid work flexibility, but regular in-office presence at any of the above locations will be required.

Benefits & Perks

- Fervo offers a comprehensive benefits package designed to support your health, financial well-being, and life outside of work. Benefits for eligible employees include:

- Medical, dental, and vision plan options

- Employer-paid basic life insurance and short-term and long-term disability coverage

- A 401(k) plan with a dollar-for-dollar company match

- Flexible paid time off and paid parental leave

- Family-building, fertility, hormonal health, pregnancy, postpartum, and parenting support through Carrot

- A dependent care FSA for eligible child and elder care expenses

- An annual Lifestyle Spending Account for eligible wellness expenses, including fitness, financial planning, pet insurance, and pet care

- Employee ownership opportunities through Fervo’s Employee Stock Purchase Program, as well as stock option grants and bonus opportunities for eligible roles

Benefits and programs are subject to eligibility requirements and may change.

Our Workplace

Fervo Energy highly values having employees work in the office to foster collaboration and strengthen our company culture. This role follows a hybrid schedule, with team members expected to work in the office three days per week. Fervo considers this in-office schedule an essential function of the role. Your recruiter can share more information about the schedule.

Equal Opportunity Employer

Fervo Energy is an Equal Opportunity Employer and does not discriminate on the basis of race, color, creed, gender, religion, marital status, registered domestic partner status, age, national origin, ancestry, physical or mental disability, medical condition, sex, genetic information, sexual orientation, military or veteran status, or any other consideration made unlawful by federal, state, or local law. Fervo also prohibits discrimination based on the perception that an individual has any of these characteristics or is associated with a person who has or is perceived as having any of these characteristics.