Fervo Energy develops and operates next-generation geothermal power projects that produce continuous, low-carbon electricity by tapping heat from deep beneath the Earth’s surface. Backed by Activate Venture Partners.
About the role
Own the monthly ISO settlement cycle for Fervo’s generating assets — validate initial, recalculation, and final settlement statements; reconcile charge codes, meter and telemetry data, and scheduling coordinator invoices; and confirm energy, ancillary services, congestion, and uplift charges are correct. Found on 1752vc Careers, the job board for startup and VC roles.
What they're looking for
- Bachelor's degree in accounting (or a closely related field with a substantive accounting concentration)
- Five or more years of progressive experience in energy settlements, including hands-on responsibility for ISO market settlements — settlement statements, charge codes, meter data, and scheduling coordinator interactions
- Demonstrated experience settling long-term power purchase agreements, including reading contract language and independently building the calculation it requires
- Working knowledge of ISO market design, tariff structure, and settlement timelines, including the dispute and recalculation process
- Strong revenue accounting foundation — accruals, journal entries, reconciliations, and month-end close discipline in a control-conscious environment
- Advanced Excel skills, including large-dataset work, complex formulas, and pivot-based analysis
More about this role
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.
We are hiring a Senior Settlement Analyst to own the end-to-end settlement cycle for Fervo’s generation assets — from ISO market settlement statements through PPA invoicing and revenue recognition. You will be the authoritative source on what we are owed, what we owe, and why, reconciling ISO charge...
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