Director of Internal Audit

span helvetica, arial, sans-serif; About Fervo Energy

span helvetica, arial, sans-serif; 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.

span helvetica, arial, sans-serif; Position Description

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span helvetica, arial, sans-serif; The Director, Internal Audit will be the builder responsible for designing the internal audit function from first principles, guiding the establishment of our SOX compliance program, defining the risk universe, and delivering independent assurance across financial reporting, IT, operational technology (OT), cybersecurity, and regulatory compliance.

span helvetica, arial, sans-serif; This is a hands-on leadership role for a seasoned internal audit professional who thrives in ambiguity and wants to shape a function rather than inherit one. You will partner closely with the Head of Compliance and Regulatory Programs, the CFO, external auditors, and the Audit Committee of the Board to ensure Fervo’s control environment is appropriate, risk-aligned, and continuously improving.

span helvetica, arial, sans-serif; This position reports directly to the Audit Committee of the Board of Directors, consistent with Nasdaq listing standards and IIA professional standards for internal audit independence, with a dotted-line (administrative) reporting relationship to the Head of Compliance and Regulatory Programs.

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span helvetica, arial, sans-serif; Responsibilities

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span helvetica, arial, sans-serif; Internal Audit Strategy and Governance

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Build Fervo’s internal audit function from the ground up, including charter, methodology, risk-based annual audit plan, and quality assurance and improvement program aligned with IIA standards

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Serve as the primary point of contact for the Audit Committee, preparing materials, delivering updates on key risks and control issues, and ensuring concerns are surfaced early and resolved decisively

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Define the enterprise risk universe in partnership with Finance, Legal, Compliance, IT, and Operations, and translate it into a multi-year audit roadmap that scales with the business

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Establish audit standards, documentation norms, and workpaper discipline sufficient to withstand external auditor and regulator scrutiny

span helvetica, arial, sans-serif; SOX Program Design and Execution

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Partner with Finance and Accounting to support the design and build-out of Fervo’s SOX program, including scoping, risk assessment, control design evaluation, and deficiency remediation tracking, ensuring controls are designed into processes rather than layered on after the fact

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Own the independent testing layer of Fervo’s SOX program, executing control testing, evaluating deficiency severity, and reporting results to the Audit Committee independently of management’s conclusions

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Coordinate directly with external auditors on SOX scoping, walkthroughs, testing reliance, and deficiency evaluation, driving one version of the truth and minimizing duplication

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Provide control guidance on new system implementations, M and A activity, and strategic initiatives to ensure SOX and broader control considerations are addressed up front

span helvetica, arial, sans-serif; IT and Cybersecurity Audits

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Design and execute IT general controls (ITGC), application controls, and cybersecurity audits across financially significant systems, OT environments, and field-data infrastructure

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Assess cyber risk posture in coordination with IT and Security leadership, including reviews of access management, change management, incident response, and third-party and cloud risk

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Build data analytics, continuous monitoring, and fraud detection capabilities into the audit toolkit to surface trends, anomalies, and emerging risks

span helvetica, arial, sans-serif; Regulatory and Compliance Audits

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Deliver independent audits of Fervo’s regulatory compliance programs, including FERC, NERC, energy market participation, domestic content and prevailing wage, trade and sanctions, ethics and anti-corruption, supply chain compliance, and third-party/vendor compliance, in coordination with the Director, Compliance and Regulatory Programs

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Evaluate the design and operating effectiveness of controls embedded in engineering, operations, and commercial workflows to confirm that compliance happens in the field, not just on paper

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Support investigations and special projects as requested by the Audit Committee, General Counsel, or executive leadership, with defensible methodology and independent reporting

span helvetica, arial, sans-serif; Team and Stakeholder Leadership

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Build and lead a small, high-caliber internal audit team over time, balancing in-house talent with co-source relationships to match capability to the risk profile

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Develop strong working relationships with business leaders by communicating best practices and delivering internal control awareness and training across the organization

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Communicate effectively with C-suite and Board-level stakeholders, presenting findings and recommendations with clarity, judgment, and appropriate candor

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span helvetica, arial, sans-serif; Qualifications

span helvetica, arial, sans-serif; Required

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helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Bachelor’s degree in accounting, finance, or a related field; CPA, CIA, or CISA strongly preferred (MBA a plus)

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; 10+ years of progressive internal audit, external audit, or ICFR experience, including meaningful time at a Big Four or top-tier professional services firm and at a public or near-IPO company

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Demonstrated experience standing up or materially rebuilding a SOX program, scoping, control design, testing, and remediation, not just executing within an established one

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Deep fluency with COSO 2013, PCAOB AS 2201, and SEC rules governing ICFR, disclosure controls, and audit committee reporting

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Working knowledge of IT general controls, cybersecurity frameworks (e.g., NIST CSF, ISO 27001), and audits of complex ERP and operational technology environments

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Proven ability to coordinate effectively with external auditors and to present to audit committees and senior executives

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Track record of operating independently, exercising sound judgment under ambiguity, and delivering results in fast-moving, resource-constrained environments

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Ability to travel to Fervo offices and project sites as needed

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span helvetica, arial, sans-serif; Preferred

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helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Experience in energy (power generation and/or distribution), infrastructure, upstream oil and gas, or other asset-heavy industries

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Exposure to regulatory compliance audits in regulated energy environments (FERC, NERC, DOE loan programs, IRS domestic content and prevailing wage)

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Experience auditing complex capital projects, joint ventures, or project finance structures

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Hands-on experience with ERP systems (Quorum a plus) and audit/GRC platforms

helvetica, arial, sans-serif; span helvetica, arial, sans-serif; Experience building an internal audit function at a recently public or pre-IPO company

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span helvetica, arial, sans-serif; Location

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is-full-width css-1jke4yk span helvetica, arial, sans-serif; Fervo Energy has offices in Houston, TX, Golden, CO, Reno, NV, Oakland, CA, and Salt Lake City, UT. This position will be eligible for some hybrid work flexibility, but regular in-office presence at our Houston Office will be required.

span helvetica, arial, sans-serif; Benefits and Perks

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

span helvetica, arial, sans-serif; Benefits and programs are subject to eligibility requirements and may change.

span helvetica, arial, sans-serif; Our Workplace

span helvetica, arial, sans-serif; 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.

span helvetica, arial, sans-serif; Equal Opportunity Employer

span helvetica, arial, sans-serif; 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.