Senior Settlement Analyst

• 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
• Confirm energy, ancillary services, congestion, and uplift charges
• Calculate and validate settlements under long-term power purchase agreements and related commercial contracts
• Interpret contract terms and translate them into accurate monthly invoices and accruals
• Prepare and issue customer invoices; review counter party invoices and statements; track receivables and payables through cash collection
• Investigate variances between expected and settled amounts and drive resolution
• Identify, document, and pursue settlement disputes with the ISO, scheduling coordinators, and counter parties
• Maintain records 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 reviewable work papers
• Maintain and operate settlement controls in line with SOX requirements
• Serve as a primary point of contact for external auditors and internal control testing
• Help design controls as the company scales
• Build and maintain queries, models, and dashboards for settlement and market data analysis
• Replace manual spreadsheet-bound steps with repeatable, documented processes
• Help select and implement settlement system capabilities as the portfolio grows
• Provide settlement insight to Commercial, Operations, and Finance
• Document settlement procedures and calculation methodologies
• Act as a knowledge resource and informal mentor for analysts joining the team

• Bachelor's degree in accounting or a closely related field with a substantive accounting concentration
• Five or more years of progressive experience in energy settlements, including hands-on responsibility for ISO market settlements
• Demonstrated experience settling long-term power purchase agreements, including reading contract language and independently building required calculations
• Working knowledge of ISO market design, tariff structure, and settlement timelines, including dispute and recalculation processes
• Strong revenue accounting foundation, including accruals, journal entries, reconciliations, and month-end close discipline
• Advanced Excel skills, including large-dataset work, complex formulas, and pivot-based analysis
• SQL proficiency sufficient to query, join, and validate settlement and market data independently
• Exceptional attention to detail and ability to explain complex settlement results clearly in writing and conversation
• Preferred:
  Active CPA license or CPA candidate with exams substantially complete
• Preferred:
  Experience operating within a SOX control environment and supporting external audit
• Preferred:
  Power BI or comparable BI tooling experience
• Preferred:
  Exposure to ISO/RTO markets such as CAISO, ERCOT, or WECC bilateral markets, and to geothermal, renewable, or storage asset settlement
• Preferred:
  Experience with Bid-to-Bill Systems, ETRM, energy accounting platforms, and ERP integration such as Net Suite or SAP
• Preferred:
  Familiarity with renewable energy credits, resource adequacy, and environmental attribute tracking and settlement
• Preferred:
  Python or comparable scripting experience for data automation
• Preferred:
  Experience using or building with AI tools such as Claude or ChatGPT

Demonstrates expertise in energy settlements, including ISO market settlements and long-term power purchase agreements, with strong capabilities in revenue accounting, data analysis, and compliance with SOX requirements. Proficient in advanced Excel and SQL for data validation and reporting, while effectively communicating complex settlement results.

• Energy Settlements
• ISO Market Design
• Revenue Accounting
• Advanced Excel Skills
• SQL Proficiency

• Energy Settlements
• Revenue Accounting
• Accruals
• Journal Entries
• Reconciliations
• ISO Market Design
• Settlement Calculations
• Data Analysis
• Dispute Resolution
• Month-End Close

• Attention to Detail
• Clear Communication
• Mentoring

• CPA License
• CPA Candidate

• ISO/RTO Markets
• Geothermal
• Renewable Energy
• Energy Accounting
• Environmental Attribute Tracking

• Power BI
• ETRM
• Net Suite
• SAP
• AI Tools