Manager, Income Tax

Fervo Energy; Houston (TX); Hybrid; USD 140,000 - 190,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

401(k) with company match

Flexible PTO and parental leave

Carrot fertility and family-building支持

Stock options and annual bonus

Job summary

Fervo Energy, headquartered in Houston, TX, is seeking an Income Tax Manager to own federal and state income tax compliance and ASC 740 provision processes. You will partner across Accounting, Finance, and Operations on tax planning, credits, and structuring for a capital-intensive clean energy business.

The role requires strong technical tax judgment, project management, and a controls mindset. Hybrid in-office presence in Houston is required with regular collaboration across departments.

Qualifications

• Bachelor's or Master’s degree in Accounting.
• 7+ years of progressive income tax experience across compliance and ASC 740 provision.
• Strong knowledge of US federal and state corporate and partnership income tax concepts.
• Experience with multi-entity structures and complex allocations.

Responsibilities

• Prepare and review ASC 740 income tax provision.
• Coordinate external preparers and data for compliance.
• Support tax credits (ITC/PTC) and tax equity structures.
• Assist in cross-functional tax planning and forecasting.
• Develop internal templates and playbooks for efficiency.

Skills

Tax provision

ASC 740

US federal/state tax

Tax research

Cross-functional collaboration

Project management

Internal controls

Education

Bachelor's or Master's in Accounting

Job description

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 an Income Tax Manager to own Fervo’s federal and state income tax compliance and ASC 740 provision processes, while partnering on the tax planning, credit, and structuring matters that are central to a capital-intensive clean energy business. This role sits within the Tax organization and works hands-on across a multi-entity, partnership-heavy structure that includes tax equity arrangements, project entities, and a growing corporate footprint.

The Income Tax Manager will prepare and review the income tax provision, manage external compliance providers, support tax equity and project finance structures, and help operationalize clean energy credits such as the ITC and PTC. The role requires strong technical tax judgment, project management discipline, and a controls mindset. Fervo is scaling rapidly, so this role requires strong ownership, crisp communication, and the ability to partner effectively across Accounting, Finance, Operations, Legal, Treasury, Commercial, and external advisors.

Responsibilities

Income Tax Provision and Reporting

Own or review the quarterly and annual income tax provision under ASC 740, including current and deferred calculations, effective tax rate analysis, valuation allowance assessments, and uncertain tax positions when applicable

Prepare provision-to-return true-ups and maintain deferred tax balances across multiple entities, including partnership and corporate structures

Partner with Financial Reporting on income tax disclosures and support for 10-Q, 10-K, and standalone financial statements

Maintain clear, audit-ready support documenting purpose, scope, authoritative guidance, inputs, assumptions, conclusions, controls, and reviewer sign-off

Compliance, Credits and Tax Equity

Manage federal and state income tax compliance, coordinating external preparers and owning the completeness and accuracy of data provided to advisors

Support strategy and finance teams and tax compliance for clean energy tax credits, including the Investment Tax Credit and Production Tax Credit, Prevailing wage and apprenticeship requirement, energy community and domestic content adders, and credit transferability mechanisms

Support income tax aspects of tax equity partnerships, HLBV accounting, and project finance structures, partnering with Structured Finance and external advisors on modeling and allocations

Track and analyze partnership allocations, K-1 reporting, and multi-entity income tax considerations across the project portfolio

Controls, Audit and Process Improvement

Build and maintain desktop procedures, process narratives, and control documentation for income tax provision and compliance workstreams embedded in recurring workpapers

Support external audit and SOX readiness, managing tax-related PBCs, auditor questions, and review comments through resolution

Reduce reliance on external advisors for recurring matters over time by building internal templates, playbooks, and repeatable review procedures

Identify automation and standardization opportunities across provision, compliance, and credit workstreams

Cross-Functional Collaboration

Partner with Accounting, Treasury, Legal, Operations, Commercial, and FP&A to assess the income tax implications of transactions, financings, and new project structures, providing practical guidance and risk mitigation early

Support tax planning, forecasting, and cash tax projections that inform corporate and capital decisions

Qualifications

Required

Bachelors or Master’s degree in Accounting

7+ years of progressive income tax experience across compliance and ASC 740 provision, in public accounting, industry, or a combination including 5+ years in preparing or reviewing tax provisions

Strong knowledge of US federal and state corporate and partnership income tax concepts and the ability to research, document, and defend tax positions.

Experience working across multiple entities, partnership structures, and complex allocations

Strong analytical skills and comfort with complex agreements, financial models, and supporting data

High attention to detail and the ability to manage multiple high-priority matters under tight reporting timelines, partnering cross-functionally in a fast-paced environment

Preferred

CPA strongly preferred

Big Four, national tax, or large-industry tax department experience

Experience with energy tax credits (ITC/PTC), credit transferability, tax equity, HLBV, or project finance structures

Experience in energy, renewable power, infrastructure, or high-growth, multi-entity public-company environments.

SOX readiness and SEC reporting experience

Success Profile

Builds audit-ready workpapers and documentation that a reviewer, auditor, or backup owner can follow easily

Owns work end-to-end, follows up until reviewer sign-off, and escalates blockers early

Communicates with clear action items, deadlines, and business context

Uses technology, AI-enabled drafting, and automation thoughtfully while validating outputs and underlying data

Develops repeatable processes and cross-training so the tax and accounting organization can scale sustainably

Location

Fervo Energy is headquartered in Houston, TX. This position requires regular in-office presence at our Houston office, with eligibility to participate in the Company’s hybrid work policy. Some travel may be required.

• 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.

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey.Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiringprocess or thereafter. Any information that you do provide will be recorded and maintained in aconfidential file.

As set forth in Fervo Energy’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection.As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measurethe effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categoriesis as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.