FP&A Associate

The FP&A Associate will be responsible for supporting the build-out of detailed financial planning and analysis and own project-related 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.

Fervo’s Mission is to use innovation in geoscience to accelerate the world’s transition to sustainable energy. To accomplish that goal, Fervo has developed groundbreaking technology solutions that have advanced the state-of-the-art of geothermal energy decades ahead of schedule, including the world’s most successful commercial enhanced geothermal system completed in 2023. Fervo has raised over $400 million from leading investors and has secured a multi-billion-dollar project pipeline to meet the world’s growing need for 24/7 carbon free energy. Join us and work alongside world-class engineers, researchers, investors, and developers in making geothermal a key pillar of our climate-friendly energy future.

Description

The FP&A Associate will be responsible for supporting the build-out of detailed financial planning and analysis and own project-related 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. This role will report to the Corporate Finance Manager and work with executive leadership to tackle a broad array of financial analyses crucial to a rapidly scaling renewable energy development company.

The successful candidate will demonstrate the ability to define and solve complex financial problems by leveraging intuitive financial planning and analysis. The ability to effectively educate decision-makers on detailed forecasts & budgets through concise written and verbal communication will be of critical importance. FP&A projects will be wide-ranging, multi-faceted, and exciting. We are in search of an FP&A “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 to enable the radical growth of one of the most exciting companies in the clean energy industry.

Responsibilities

  • Build out of project budgets, forecasts, and models to assist the Company and its leaders in making sound financial decisions in support of key strategic initiatives
  • Work heavily with cross-functional teams to support the preparation and communication of project budgets and forecasts
  • Assist with building + presenting clear financial information & KPIs for Fervo’s monthly executive financial review presentations
  • Evaluation of the financial impact of changes in project scope, including additional work or alterations
  • Perform ad-hoc financial analysis and package insights into clear and concise presentations
  • Monitor project-level financial statements, ensuring accurate reporting of capital expenditures
  • Complete variance analysis on project forecasts, identifying areas of current and projected over-spend

Qualifications

  • Bachelor’s Degree required. Degree in finance, accounting, economics, or related field preferred
  • 2+ years of experience in a relevant finance role (transaction advisory services, Big 4 audit, or other 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 expenses is crucial
  • 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

About Fervo Energy

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.