Senior Settlement Analyst
Fervo EnergyHouston, TX
Full Time
Posted October 16, 2026
$123k - $175k· Est.
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Listing evidence and provenance
- Source
- Greenhouse View original listing
- Freshness
- Open in the current public read path; this is not an employer guarantee.Last observed October 17, 2026
- Classification
- Modern power-system classification not yet published for this listing.Legacy source industry field: Energy Management
- Pay provenance
- Estimated benchmark; not employer-provided
Job Description
We are hiring a Senior Settlement Analyst to own the end-to-end settlement cycle for Fervo’s generation assets — from ISO market settlement statements through PPA invoicing and revenue recognition.
Key Responsibilities
- Own the monthly ISO settlement cycle for Fervo’s generating assets — validate initial, recalculation, and final settlement statements; reconcile charge codes, meter and telemetry data, and scheduling coordinator invoices; and confirm energy, ancillary services, congestion, and uplift charges are correct.
- Calculate and validate settlements under long-term power purchase agreements and related commercial contracts. Interpret contract terms — pricing, availability and performance guarantees, curtailment provisions, environmental attributes and RECs, and true-up mechanics — and translate them into accurate monthly invoices and accruals.
- Prepare and issue customer invoices, review counterparty invoices and statements, and track receivables and payables through to cash. Investigate variances between expected and settled amounts and drive them to resolution.
- Identify, document, and pursue settlement disputes with the ISO, scheduling coordinators, and counterparties within applicable timelines. Maintain a clear record of dispute status, exposure, and outcomes.
- Deliver settlement-based revenue accruals, journal entries, and reconciliations on the close calendar. Explain month-over-month variances and support revenue recognition conclusions with clear, reviewable workpapers.
Requirements
- Active CPA license (or CPA candidate with exams substantially complete).
- Experience operating within a SOX control environment and supporting external audit, including walkthroughs and control testing of settlement processes.
- Power BI (or comparable BI tooling) experience building recurring settlement and revenue reporting.
- Exposure to ISO/RTO markets — CAISO, ERCOT, WECC bilateral markets, or others — and to geothermal, renewable, or storage asset settlement.
- Experience with Bid-to-Bill System (e.g., PCI, Adapt2), ETRM, or energy accounting platforms, and with ERP integration (e.g., NetSuite, SAP, or similar).
- Familiarity with renewable energy credits, resource adequacy, and environmental attribute tracking and settlement.
- Python or comparable scripting experience for data automation.
- Experience using and/or building with AI tools (e.g., Claude, ChatGPT, or similar)
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 a dollar-for-dollar company 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 stock option grants and bonus opportunities for eligible roles
- Benefits and programs are subject to eligibility requirements and may change.
Ready to Apply?
Apply directly on Fervo Energy's site
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