Manager, Income Tax

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

Job summary

Fervo Energy Co. is seeking an Income Tax Manager to own federal/state income tax compliance and ASC 740 provision processes for a multi-entity, partnership‑heavy structure.

You will partner across Accounting, Finance, Operations, Legal, Treasury, and external advisors on tax planning, credits (ITC/PTC), and delivery of tax equity strategies. The role emphasizes strong technical tax judgment, ownership, and crisp communication as Fervo scales its geothermal portfolio.

Qualifications

• 7+ years of progressive income tax experience across compliance and ASC 740 provision.
• Experience across multiple entities, partnership structures, and complex allocations.
• Strong knowledge of U.S. federal and state corporate and partnership income tax concepts.
• CPA strongly preferred and Big Four or large‑industry tax background is a plus.

Responsibilities

• Own the income tax provision and reporting under ASC 740, including current and deferred calculations.
• Manage federal and state income tax compliance, coordinating external preparers and data for advisors.
• Support tax credits, tax equity, and project finance structures; track allocations and K‑1s across entities.
• Develop and maintain control documentation, drive SOX readiness, and push for automation.

Skills

Tax analytics

Cross-functional partner

Attention to detail

Project management

Education

Bachelor's or Master's in Accounting

Tools

ASC 740 knowledge

Job description

Fervo Energy is building the most cost-effective, repeatable geothermal power plants in the world.

Fervo Energy is building the most cost-effective, repeatable geothermal power plants in the world. Achieving that mission at scale requires a tax function that is disciplined, well documented, and ready for a public-company operating environment, where accurate provisions, defensible positions, and efficient use of energy tax incentives directly support Fervo’s growth and capital strategy. Joining Fervo means operating at the intersection of energy infrastructure, project finance, and growth‑stage execution, where ownership, accountability, and continuous improvement are foundational.

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 Qualifications

• 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 U.S. 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 Qualifications

• 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

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.

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

Fervo Energy commercializes technology to own, develop, and operate geothermal assets as the dispatchable foundation to a 100% clean energy future. As a 24/7, reliable clean energy resource, geothermal energy has a major role to play in the future electric grid and Fervo Energy’s key innovations bring a full suite of modern technology to make geothermal cost competitive. Fervo’s innovations include technologies such as advanced computational models, horizontal drilling, and distributed fiber optic sensing that we have developed with partners including Schlumberger, ARPA‑E, and the Lawrence Berkeley National Lab. Fervo is supported through Cyclotron Road, the Department of Energy, Stanford University, and Breakthrough Energy Ventures.

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 and veteran status or any other consideration made unlawful by federal, state, or local laws. It also prohibits unlawful discrimination based on the perception that anyone has any of those characteristics or is associated with a person who has or is perceived as having any of those characteristics.