Senior Accountant, Technical Accounting

Fervo Energy Co.; Houston (TX); Hybrid; USD 90,000 - 140,000; Full time

Job summary

Fervo Energy seeks a Senior Accountant, Technical Accounting to support monthly close, reconciliations, and technical research. You will partner with Accounting, Finance, Tax, Treasury, Legal, and auditors to translate complex transactions into clear accounting conclusions and journal entries.

The ideal candidate has 3+ years of Big Four or equivalent experience, strong US GAAP knowledge, and advanced Excel skills.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 3+ years of Big Four public accounting experience, or 5+ years of combined public accounting and industry experience with meaningful technical accounting exposure
• Strong knowledge of US GAAP and ability to research, document, and support accounting conclusions
• Experience preparing journal entries, reconciliations, technical memos, and audit-ready documentation
• Advanced Excel skills and comfort working with complex agreements, financial models, valuations, and large data sets
• Ability to work cross-functionally with Legal, Finance, Tax, Treasury, Operations, Commercial, external advisors, and auditors
• High attention to detail and ability to manage multiple high-priority matters under tight reporting timelines

Responsibilities

• Perform monthly, quarterly, and annual close activities including journal entries and reconciliations.
• Record and reconcile activity in debt, stock compensation, derivatives, leases, intercompany balances, and structured transaction accruals.
• Own the end-to-end lease accounting process, including LeaseQuery, and coordinate with Land team and lease stakeholders.
• Analyze financial results and balance sheet accounts, investigate variances, and resolve discrepancies with cross-functional stakeholders.
• Identify opportunities to simplify, automate, or standardize recurring accounting and close workstreams.
• Draft technical accounting memos and position papers for simple-to-complex topics.
• Review lease contracts under ASC 842, including geothermal leases.
• Support accounting assessments for procurement contracts, PPAs, and other arrangements.
• Maintain audit-ready documentation detailing purpose, scope, guidance, inputs, conclusions, controls, and reviewer sign-off.
• Communicate accounting conclusions in plain language to cross-functional stakeholders.
• Prepare data for external valuation specialists and auditors, including stock-based compensation and warrants.
• Manage technical accounting PBCs, auditor questions, and review comments.
• Translate conclusions into journal entries, close procedures, and disclosures.
• Partner with Financial Reporting on 10-Q, 10-K, and disclosure support for complex areas

Skills

Big Four experience

US GAAP

Advanced Excel

Journal entries

Attention to detail

Cross-functional collaboration

Education

Bachelor's degree in Accounting/Finance

CPA candidate preferred

Tools

LeaseQuery

FloQast

Workiva

Stock-based compensation platform

Fidelity

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 this mission requires disciplined financial operations, strong controls, audit-ready documentation, and scalable processes that support Fervo’s transition into a public-company operating environment. Joining Fervo means operating at the intersection of energy infrastructure, growth-stage execution, and public-company readiness, where reliability, accountability, and continuous improvement are foundational.

We are seeking a Senior Accountant, Technical Accounting to support Fervo’s monthly close execution, account reconciliations, technical accounting research and documentation, and audit-ready deliverables. This is an excellent role for a high-performing accountant who wants to build both operational accounting and technical accounting experience in a fast-growing energy infrastructure company.

Description

The Senior Accountant, Technical Accounting will report to the Senior Manager, Technical Accounting and will support both general accounting close activities and technical accounting research, documentation, and implementation. The person in this role will partner with Accounting, Finance, Tax, Treasury, Legal, Commercial, Operations, external technical specialists, and auditors to help convert complex transactions into clear accounting conclusions, journal entries, controls, and reporting support.

The ideal candidate will be comfortable building and improving processes while also executing with precision. Fervo is scaling rapidly, so this role requires strong ownership, crisp communication, a controls mindset, and the ability to partner effectively across Accounting, Finance, Operations, Legal, Tax, Treasury, Commercial, and external advisors.

Responsibilities

General Accounting and Close Support

• Perform monthly, quarterly, and annual close activities for assigned entities and accounts, including journal entries, accruals, account reconciliations, variance analysis, and management reporting support
• Record and reconcile activity in complex areas, including debt, stock compensation, derivatives, leases, intercompany balances, and structured transaction accruals
• Own the end-to-end lease accounting process, including operating the LeaseQuery system, recording associated journal entries, and actively participating in the relationship with the Land team and other lease stakeholders
• Analyze financial results and balance sheet accounts, investigating variances and resolving discrepancies with cross-functional stakeholders
• Identify opportunities to simplify, automate, or standardize recurring accounting and close workstreams

Technical Accounting Research and Documentation

• Draft technical accounting memos and position papers with oversight from the Senior Manager, Technical Accounting, taking simpler matters to completion and growing into more complex topics
• Review lease contracts in accordance with ASC 842, including geothermal leases
• Participate in preliminary contract reviews and support accounting assessments for procurement contracts, PPAs, and other commercial arrangements
• Maintain clear, audit-ready support that documents purpose, scope, authoritative guidance, inputs, assumptions, conclusions, controls, and reviewer sign-off
• Communicate the "why" behind technical accounting conclusions, explaining accounting nuance in plain language to cross-functional stakeholders

Audit, Valuation and Controls Support

• Prepare complete and accurate data for external valuation specialists and auditors, including support for stock-based compensation, warrants, embedded derivatives, and fair value analyses
• Manage assigned technical accounting PBCs, auditor questions, and review comments through timely resolution
• Translate technical accounting conclusions into journal entries, close procedures, disclosure support, and control activities
• Partner with Financial Reporting on 10-Q, 10-K, standalone financial statement, and disclosure support for complex areas

Qualifications

Required Qualifications

• Bachelor's degree in Accounting, Finance, or related field
• 3+ years of Big Four public accounting experience, or 5+ years of combined public accounting and industry experience with meaningful technical accounting exposure
• Strong knowledge of US GAAP and ability to research, document, and support accounting conclusions
• Experience preparing journal entries, reconciliations, technical memos, and audit-ready documentation
• Advanced Excel skills and comfort working with complex agreements, financial models, valuations, and large data sets
• Ability to work cross-functionally with Legal, Finance, Tax, Treasury, Operations, Commercial, external advisors, and auditors
• High attention to detail and ability to manage multiple high-priority matters under tight reporting timelines

Preferred Qualifications

• CPA or active CPA candidate strongly preferred
• Big Four technical accounting, audit, advisory, or transaction accounting experience
• Exposure to stock compensation, fair value, debt and warrants, derivatives, ASC 842 leases, tax equity, consolidations, or impairment analyses
• Experience in energy, renewable power, infrastructure, project finance, or high-growth public-company environments
• Experience with ERP systems, FloQast, Workiva, LeaseQuery, Fidelity or a similar stock-based compensation platform, or other financial reporting tools
• SOX readiness and SEC reporting experience

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 our Houston Office will be required.

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.