FP&A Associate

Fervo is working to build the most cost-effective, repeatable geothermal power plants in the world. Delivering on this mission requires disciplined execution not only in the field, but across financing, project development, and capital allocation. As Fervo scales, strong financial planning, forecasting, and analytical rigor are essential to enabling growth while ensuring efficient deployment of capital.

The FP&A Associate will serve as a key contributor to Fervo’s financial planning and analysis function, supporting both project-level and corporate financial processes. This role requires strong analytical capabilities, attention to detail, and the ability to synthesize complex financial information into clear, actionable insights for a range of stakeholders.

Success in this position means providing high-quality financial visibility across the organization — ensuring budgets and forecasts are accurate, variances are well understood, and leadership has the information needed to make timely, data-driven decisions. The FP&A Associate will play a critical role in strengthening financial discipline, improving reporting infrastructure, and enabling efficient capital deployment as the company scales.

COVER LETTER SUBMISSION HIGHLY ENCOURAGED!

Responsibilities

Financial Planning & Forecasting

• Build and maintain project- and corporate-level budgets, forecasts, and financial models to support strategic decision-making
• Evaluate the financial impact of changes in project scope, including incremental work and design modifications
• Forecast capital expenditures, operating expenses, and other key financial metrics
• Support long-range planning and scenario analysis to inform capital allocation decisions

Business Partnership

• Partner with engineering, drilling, and project development teams to develop and communicate project budgets and forecasts
• Collaborate with cross-functional stakeholders to understand cost drivers and operational performance
• Translate financial concepts into actionable insights for non-financial teams to support decision-making

Reporting & Insights

• Support the preparation of monthly executive financial review materials, including KPIs and performance dashboards
• Monitor project and corporate financial performance, ensuring accurate tracking and reporting of capital expenditures
• Conduct variance analyses on forecasts and budgets, identifying drivers of current and projected deviations
• Develop and refine dashboards and reporting tools to improve visibility into financial performance

Strategic & Ad Hoc Analysis

• Perform ad hoc financial analyses and translate insights into clear, concise presentations for stakeholders
• Support strategic initiatives through financial modeling and investment analysis
• Contribute to continuous improvement of FP&A tools, processes, and reporting capabilities
• Assist in evaluating new opportunities and initiatives through financial diligence and analysis

  Qualifications

Required

• Bachelor’s degree required; finance, accounting, economics, or related field preferred. Master’s degree a plus
• 2–4 years of experience in a relevant finance role (e.g., transaction advisory, Big 4 audit, or similar). CPA a plus
• Strong financial acumen, including knowledge of budgeting, forecasting, and accounting principles
• Demonstrated experience building financial models, tools, and reports to support planning and analysis
• Ability to organize, manipulate, and analyze large datasets, with strong attention to detail
• Experience analyzing and forecasting capital expenditures, operating expenses, and revenue
• Advanced proficiency in Microsoft Excel and PowerPoint; experience with FP&A and data visualization tools (e.g., Power BI, Vena) preferred
• Ability to work independently, exercise sound judgment, and manage multiple priorities in a fast-paced environment
• Strong interpersonal, communication, and organizational skills

Preferred

• Experience in project-based or capital-intensive industries (e.g., energy, infrastructure, oil & gas, or construction)
• Familiarity with project finance concepts, including capital allocation, cost tracking, and investment analysis
• Experience supporting executive-level reporting, including board materials or investor-facing presentations
• Exposure to ERP systems and FP&A platforms (e.g., NetSuite, Vena, Adaptive Planning) and building scalable reporting processes
• Demonstrated track record of improving financial models, processes, or reporting infrastructure in a high-growth environment