Manager, Income Tax

The posting, as Fervo Energy wrote it

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 Productio
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. Some travel may be required.

Benefits & Perks

• Fervo offers a comprehensive benefits package designed to support your health, financial well-being, and life outside of work. Benefits for eligible employees include:
• Medical, dental, and vision plan options
• Employer-paid basic life insurance and short-term and long-term disability coverage
• A 401(k) plan with up to 6% match
• Flexible paid time off and paid parental leave
• Family-building, fertility, hormonal health, pregnancy, postpartum, and parenting support through Carrot
• A dependent care FSA for eligible child and elder care expenses
• An annual Lifestyle Spending Account for eligible wellness expenses, including fitness, financial planning, pet insurance, and pet care
• Employee ownership opportunities through Fervo’s Employee Stock Purchase Program, as well as LTI and bonus opportunities for eligible roles

Benefits and programs are subject to eligibility requirements and may change.

Our Workplace

Fervo Energy highly values having employees work in the office to foster collaboration and strengthen our company culture. This role follows a hybrid schedule, with team members expected to work in the office three days per week. Fervo considers this in-office schedule an essential function of the role. Your recruiter can share more information about the schedule.

Equal Opportunity Employer

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 or veteran status, or any other consideration made unlawful by federal, state, or local law. Fervo also prohibits discrimination based on the perception that an individual has any of these characteristics or is associated with a person who has or is perceived as having any of these characteristics.