At a Glance
- Tasks: Support contract management and commercial processes in a dynamic project team.
- Company: Join UK Industrial Fusion Solutions, leading the future of fusion energy.
- Benefits: Enjoy flexible working, generous leave, and a strong pension scheme.
- Other info: Inclusive culture promoting diversity and career development opportunities.
- Why this job: Be part of a groundbreaking journey towards sustainable energy solutions.
- Qualifications: Ideal for detail-oriented individuals with a passion for commercial operations.
The predicted salary is between 32903 - 32903 € per year.
The UK Government has established UK Industrial Fusion Solutions (UKIFS) Ltd, a subsidiary of UK Atomic Energy Authority (UKAEA), to lead the charge in delivering fusion energy through design and delivery of the Spherical Tokamak for Energy Production (STEP) prototype fusion plant. UKIFS is establishing itself, setting up the company, attracting talent, engaging with industry, developing a supply chain, and planning and constructing of the STEP prototype.
Fusion energy, crucial for combating climate change and ensuring energy independence, is expected to be commercially viable by mid-century. The UK, led by UKIFS, aims for a prototype fusion plant, targeting first operations around 2040. UK Industrial Fusion Solutions Ltd. will lead delivery, collaborating with industrial partners and building a fusion supply chain with an estimated global sector value of £7tn per year. Join UKIFS and the STEP programme to be involved in this ground-breaking journey.
As an employee of UKIFS, you will benefit from:
- Outstanding defined benefit pension scheme.
- Corporate bonus scheme up to 7% and a Relocation allowance (if eligible).
- Flexible working options including family friendly policies and the right to request flexible working from the start of your employment.
- Employee Assistance Programme and trained Mental Health First Aiders.
- Generous annual leave allowance starting with 25 days, plus 3 days Christmas closure and 2.5 privilege days, in addition to UK bank holidays.
- Wide range of career development opportunities.
- A vibrant culture committed to being fully inclusive.
The salary for this role is £32,903. This position is to be based at West Burton, Nottinghamshire. Onsite working is expected for 3 days each week, with flexibility to change working patterns to attend onsite meetings.
The Commercial Analyst provides essential support to the commercial and contract management function within an Integrated Project Team (IPT), contributing to the wider STEP programme. Working under the guidance and supervision of more senior commercial colleagues, the role supports the day-to-day administration and monitoring of contracts, helping to ensure that contractual obligations are met, risks are identified early, and commercial processes are followed accurately and consistently. This role is suitable for an individual developing their commercial skillset and professional competence within a complex, regulated environment.
Contract Administration & Commercial Support
- Support the drafting, review, and administration of commercial contracts such as supply, construction, service, and framework agreements within the IPT.
- Assist senior colleagues in ensuring contract terms are accurately reflected, documented, and administered in line with project objectives and governance requirements.
- Maintain up-to-date, accurate commercial and contractual records, ensuring information is filed, tracked, and retrievable.
- Support post-contract commercial activities, including:
- Early warning and change control processes
- Cost tracking and forecasting data preparation
- Payment administration and verification
- Identify potential commercial risks or issues and escalate these appropriately to senior colleagues.
- Assist with the preparation of periodic contract and cost reports for internal stakeholders.
Performance Monitoring & Data Management
- Collect, analyse, and maintain commercial data to support effective contract management and performance monitoring.
- Help ensure contractor performance information is accurate and supports continuous improvement initiatives.
- Support audits, reviews, and assurance activities by providing accurate commercial information when required.
- Use commercial systems and tools effectively to maintain high-quality data standards.
Collaboration & Stakeholder Engagement
- Work collaboratively with colleagues across the IPT, contributing to a respectful, inclusive, and professional team environment.
- Build effective working relationships with suppliers, contractors, and delivery partners, under the guidance of senior commercial staff.
- Support the preparation of contract-related presentations, briefing materials, and meeting packs.
- Attend contract and commercial meetings as required, producing clear and accurate records of discussions and actions.
- Demonstrate organisational values and professional behaviours in all interactions, acting as a positive representative of the organisation.
Embody a Leadership Mindset
- Regardless of your formal position, you embody a leadership mindset and a set of leadership behaviours. You embrace and embody our organization's culture, values, and mission in all aspects of your work.
- Foster a positive and inclusive team environment that aligns with our cultural values.
- Contribute to maintaining a respectful and collaborative workplace, valuing diversity, and promoting teamwork.
- Act as a cultural ambassador, representing our organization's values and professionalism in interactions with colleagues, clients, and stakeholders.
- Lead by example, demonstrating integrity, professionalism, and ethical behaviour.
- Make informed decisions and solve problems effectively, considering diverse perspectives and organisational goals.
The above is not intended to be an exhaustive list of activities and you may be required to undertake other reasonable tasks or duties requested.
Qualifications
We are looking for a highly organised and detail-driven contract professional with a background in contract administration, procurement, or commercial operations.
Essential Skills & Experience:
- Studying towards or willing to work towards membership of:
- Chartered Institute of Purchasing and Supply (MCIPS), or
- Royal Institution of Chartered Surveyors (RICS), or
- Alternative recognised Commercial accreditation.
- Some experience in a commercial, contract administration, procurement, or finance-related role.
- Strong attention to detail with good organisational and analytical skills.
- Proficient in Microsoft Office (Word, Excel, PowerPoint).
- Good written and verbal communication skills, with the ability to work effectively as part of a team.
Desirable Experience:
- Experience in a project-based or regulated environment.
- Exposure to public sector or infrastructure programmes.
- Aware of UK public sector commercial or governance frameworks.
We welcome applications from under-represented groups, particularly women in STEM and individuals from British black and ethnic minority backgrounds, and people with disabilities. Our Executive Team, supported by our 'Equality, Diversity and Inclusion' (EDI) Partner and Inclusion Ambassadors, actively promotes EDI and takes steps to increase diversity within our organisation. We reinforce best practices in recruitment and selection and evaluate approaches to remove barriers to success.
UKIFS is committed to being accessible. Please email [email protected] if you have any questions or require help or adjustments to compete on a fair basis, for example, changes to the way we interview or share information.
This role requires employees to complete an online Baseline Personnel Security Standard (BPSS), including the Disclosure & Barring Service (DBS) checks for criminal convictions. Whilst not required at this time, there is a possibility of an SC Clearance being required in the future. If a candidate already holds an SC clearance, that clearance can be transferred to UKIFS.
For applicants applying from outside the United Kingdom or those who have spent time outside the UK in the last five years, please visit the following link for information on criminal records checks: https://www.gov.uk/government/publications/criminal-records-checks-for-overseas-applicants. If your country of residence or previous residence is not listed on the website or if the UK Government does not have information on obtaining a criminal records check from that state, we regret to inform you that we cannot process your application.
This vacancy is set to close for applications on Monday the 8th of June.
Commercial Analyst employer: Fusion Energy Base
UK Industrial Fusion Solutions (UKIFS) Ltd offers a unique opportunity to be part of a pioneering journey in fusion energy, with a vibrant and inclusive work culture that prioritises employee well-being and professional growth. Located in West Burton, Nottinghamshire, employees benefit from flexible working options, generous leave allowances, and a commitment to diversity, making it an excellent employer for those seeking meaningful and rewarding careers in a cutting-edge field.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Understand their mission and values, especially around fusion energy. This will help you tailor your answers and show you're genuinely interested in being part of their journey.
✨Tip Number 3
Practice common interview questions and scenarios related to contract management and commercial analysis. Use the STAR method (Situation, Task, Action, Result) to structure your responses and highlight your skills effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining UKIFS and contributing to the STEP programme.
We think you need these skills to ace Commercial Analyst
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Commercial Analyst role. Highlight relevant experience in contract administration or commercial operations, and show how your skills align with the job description.
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past experiences that showcase your attention to detail, organisational abilities, and analytical skills. This will help us see how you can contribute to our team.
Be Clear and Concise:When writing your application, keep it clear and to the point. Avoid jargon and ensure your language is professional yet approachable. We appreciate straightforward communication that gets to the heart of your qualifications.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way to ensure your application is seen by the right people. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Fusion Energy Base
✨Know Your Contracts
Familiarise yourself with the types of contracts you might be dealing with in this role. Understand the key terms and conditions, as well as common pitfalls in contract administration. This will show your potential employer that you're proactive and ready to contribute from day one.
✨Showcase Your Analytical Skills
Be prepared to discuss how you've used data analysis in previous roles. Bring examples of how you've tracked costs or monitored performance metrics. This will demonstrate your ability to support effective contract management and performance monitoring, which is crucial for a Commercial Analyst.
✨Emphasise Team Collaboration
Highlight your experience working in teams, especially in project-based environments. Discuss how you've built relationships with colleagues and stakeholders, as collaboration is key in this role. Showing that you can work well with others will resonate with the interviewers.
✨Demonstrate a Leadership Mindset
Even if you're applying for an entry-level position, it's important to convey that you embody a leadership mindset. Share instances where you've taken initiative or led by example, whether in a professional setting or during your studies. This aligns with the company's values and shows you're a cultural fit.