Manager, Income Tax at Fervo Energy in Houston, TX

Job description

About Fervo Energy 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. Position 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,