Senior Accountant, Technical Accounting
Houston, TX - USA
Job Summary
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
Bachelors 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
Required Experience:
Senior IC
About Company
Fervo Energy delivers 24/7 carbon-free energy through development of next-generation geothermal projects.