Strategy Associate

Fervo Energy•Houston, TX

70d•Hybrid

About The Position

The Strategy Associate will be an integral member of the Strategy team, focused on developing diversification opportunities for geothermal heat and power, spearheading cross-functional strategic initiatives, and guiding decision-makers through long-term growth opportunities. This role will be responsible for working on a range of projects that require adaptability and a multi-faceted skillset and will bring a new perspective with diverse ideas. The Strategy Associate will report to the Strategy Lead.

Requirements

Bachelor's Degree required; engineering, finance, accounting, economics, or related field preferred
3+ years of relevant professional experience
Excellent written and verbal communication skills
A high degree of organization, creativity, and self-motivation
Ability to thrive in a highly autonomous role with limited supervision or direction amongst changing priorities

Responsibilities

Technical Diligence: Conducting technical evaluations of geothermal and adjacent energy opportunities, including resource assessments, engineering feasibility, and technology readiness; translating findings into actionable insights to guide strategic investments and partnerships.
Process Generation: Designing and implementing structured processes, frameworks, and playbooks to support the strategy function; ensuring consistency, repeatability, and clarity in decision-making, knowledge management, and cross-team workflows.
Financial Analysis: Analyzing financial data and performance metrics to assess the financial health of the company and evaluate the impact of strategic decisions.
Cross-functional Collaboration: Collaborating with various departments such as marketing, finance, and operations to gather input, align strategies, and ensure effective execution of strategic initiatives.
Presentation and Communication: Preparing presentations, reports, and other communication materials to convey strategic recommendations, findings, and progress to senior management and stakeholders.
Market Research: Conducting thorough frontier market research to identify key diversification opportunities for geothermal heat and power, trends, and threats in the industry relevant to the company's strategic objectives; Generate new ideas for diversified offtake
Competitive Analysis: Analyzing competitors' strategies, products, and market positioning to provide insights for the development of competitive advantage.
Project Management: Leading and coordinating strategic projects from initiation through execution, setting clear objectives, timelines, and deliverables; tracking progress, managing dependencies, and ensuring alignment across stakeholders to deliver on key business priorities.
Risk Assessment: Identifying and evaluating risks associated with strategic initiatives and developing mitigation strategies to minimize potential negative impacts.
Continuous Improvement: Proactively seeking opportunities for process improvement and optimization within the strategy function and across the organization to enhance overall effectiveness and efficiency.
Stakeholder Engagement: Build communities of external stakeholders within specified industries to educate on Fervo’s offerings, establish long-term relationships, and further inform Fervo’s industry perspective