About this role
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
The Corporate Finance Manager will report to the Senior Manager, Corporate Finance and work with executive leadership to tackle a broad array of financial analyses crucial to a rapidly scaling renewable energy development company. The role will focus heavily on the build-out of detailed financial analysis and forecasts and own corporate and pipeline forecasting, KPIs/dashboards, and budgeting processes to support Fervo as we move quickly through development milestones and strategically deploy capital to build first-of-their-kind geothermal projects.
The successful candidate will demonstrate the ability to define and solve complex financial problems by leveraging intuitive financial analysis. The ability to effectively educate decision-makers on detailed forecasts & budgets through concise written and verbal communication will be of critical importance. Projects will be wide-ranging, multi-faceted, and exciting. We are in search of a finance “athlete” – a person with an open mind and zeal for tackling challenges in new and innovative ways. This is a unique opportunity to join one of the most exciting companies in the clean energy industry and play a key role that shapes the finance function and increases its sophistication.
Responsibilities
Financial Planning & Forecasting
- Build out of project pipeline budgets, forecasts, and models to assist the Company and its leaders in making sound financial decisions in support of key strategic initiatives
- Consolidate forecasts across multiple project scopes and development stages, translating pipeline-level detail into quantified progress against corporate growth targets
- Perform variance analysis on pipeline and corporate forecasts, identifying areas of current and projected over-spend
- Work heavily with cross-functional teams to support the preparation and communication of pipeline and corporate budgets and forecasts
- Evaluation of the financial impact of changes in project scope, including additional work or alterations
- Identify capital needs for pipeline projects across key development stages – resource appraisal, offtake execution, and equipment procurement – to inform capital deployment decisions
Business Partnership
- Partner with development, interconnection, origination, and permitting teams to develop pipeline forecasts
- Identify financial risk and gaps within pipeline development projects, escalating findings to relevant teams and leadership
Reporting & Insights
- Assist with building + presenting clear financial information & KPIs for Fervo’s monthly executive financial review presentations
- Leverage BI and AI tools to improve data visibility and automate reporting, enabling faster and more accurate access to financial and operational insights
Strategic & Ad Hoc Analysis
- Perform ad-hoc financial analysis and package insights into clear and concise presentations
- Support long-range planning and scenario analysis to inform capital allocation decisions across the pipeline portfolio
- Conduct analysis of corporate financial statements to evaluate performance drivers and support strategic financial decisions
Public Company Reporting and Support
- Support preparation of quarterly and annual earnings materials, board decks, and audit committee materials
- Help develop, track, and report performance against externally communicated financial guidance
Qualifications
- Bachelor’s Degree required. Degree in finance, accounting, economics, or related field preferred
- 4+ years of relevant experience in FP&A, corporate finance, transaction advisory services, Big 4 audit, or other relevant finance/accounting roles. CPA designation a plus
- Demonstrated budgeting and forecasting capabilities with the ability to develop analytical models, tools, and reports
- The ability to organize, manipulate, and visualize large data sets in an efficient manner
- Financial Acumen: Proficiency in financial principles, budgeting, and accounting practices is essential for effective financial reporting
- The ability to analyze & interpret financial data and forecast is crucial. A keen eye for detail will help identify discrepancies and potential cost savings areas.
- Skilled in Microsoft Excel and PowerPoint. Experience using data visualization and FP&A tools a plus
- Self-starter attitude, willingness to plan, pivot, and execute with little oversight
- Excellent interpersonal and communication skills, strong organizational skills.
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.