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Fervo Energy

Revenue & Settlements Manager

Fervo Energy

Revenue and Settlements Manager leading Fervo's revenue accounting function in the renewable energy sector. Collaborating across teams to ensure accurate and scalable revenue processes.

Posted 5/1/2026full-timeHouston • Texas • 🇺🇸 United StatesSeniorLeadWebsite

About the role

Key responsibilities & impact
  • Lead the development of Fervo’s revenue accounting function, owning the full lifecycle from settlement through financial reporting
  • Partner closely with Commercial, Market Operations, Asset Management, and Finance
  • Own revenue recognition for power sales and related arrangements in accordance with ASC 606, including contract review and performance obligation assessment
  • Manage complex invoicing processes beyond simple PxQ structures
  • Investigate and resolve discrepancies across operational, market, and financial data
  • Design and implement internal controls to ensure audit readiness and financial integrity
  • Collaborate with SOX consultants to verify controls’ design and operating effectiveness

Requirements

What you’ll need
  • B.S. in Accounting, Finance, or related field
  • 8–12+ years of progressive accounting experience, with deep focus on revenue accounting and/or power settlements
  • Experience in power generation, IPP, utility, or merchant trading environments
  • Strong knowledge of ASC 606 and revenue recognition principles
  • Hands-on experience with power market settlements (ISO/RTO environments such as CAISO, ERCOT, etc.)
  • Proven ability to build or significantly improve accounting processes in a complex environment
  • Advanced Excel skills and ability to work with large, complex datasets
  • Strong cross-functional communication skills and ability to operate in ambiguity.

Benefits

Comp & perks
  • Flexible work arrangements
  • Professional development opportunities

ATS Keywords

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Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
revenue accountingASC 606financial reportinginvoicing processesinternal controlspower market settlementsadvanced Exceldata analysiscontract reviewperformance obligation assessment
Soft Skills
cross-functional communicationproblem-solvingcollaborationleadershiporganizational skillsability to operate in ambiguityinvestigative skillsattention to detailprocess improvementaudit readiness