Senior Commercial Analyst

Senior Commercial Analyst

Full-Time 35700 - 35700 € / year (est.) No home office possible
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At a Glance

  • Tasks: Support commercial management of contracts and provide essential advice within project teams.
  • Company: Join UKIFS, a pioneering subsidiary of UK Atomic Energy Authority focused on fusion energy.
  • Benefits: Enjoy a competitive salary, generous leave, flexible working, and a strong pension scheme.
  • Other info: Inclusive culture with opportunities for career development and mentorship.
  • Why this job: Be part of groundbreaking projects that shape the future of energy production.
  • Qualifications: Experience in contract management and strong analytical skills are essential.

The predicted salary is between 35700 - 35700 € per year.

The UK Government has established UK Industrial Fusion Solutions (UKIFS) Ltd, a subsidiary of UK Atomic Energy Authority (UKAEA), to lead the delivery of the Spherical Tokamak for Energy Production (STEP) prototype fusion plant. UKIFS is building a company, attracting talent, developing a supply chain, and planning and constructing the STEP prototype.

Benefits

  • 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 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.

Salary: £35,700. Location: West Burton, Nottinghamshire. Onsite working is expected for 3 days each week.

Job Description

The Senior Commercial Analyst provides essential support in the commercial and contractual management of contracts within one or more Integrated Project Teams (IPTs) or in operating as part of the wider STEP programme. The role operates with a degree of autonomy, providing commercial advice, supporting the Buyers & Commercial Managers, ensuring compliance with PA23 regulations, administering contracts, managing risks, and contributing to junior colleague development.

Responsibilities

  • Support drafting & review of complex commercial contracts, including joint venture agreements, supply contracts, construction agreements, and service contracts.
  • Assist ensuring contract terms align with programme objectives, regulatory requirements, and governance standards.
  • Proactively manage post‑contract commercial processes, including early warnings, change control, cost forecasting, financial reporting, payment mechanisms, cost validation, cost auditing, and agreement of final accounts.
  • Support dispute avoidance and resolution, protecting organisational interests while maintaining positive, long‑term relationships with partners and suppliers.
  • Identify, assess, and manage commercial risks, developing and escalating mitigation strategies where appropriate.
  • Draft contract amendments, extensions, and variations in line with delegated authority and company procedures.
  • Produce and assure high‑quality commercial reports, including cost, risk, and performance metrics, and provide clear recommendations to senior stakeholders.
  • Maintain accurate, auditable, and well‑structured commercial and contractual documentation.
  • Drive continuous improvement in contractor performance through effective data analysis, insight, and challenge.
  • Support internal and external audits and provide commercial assurance where required.
  • Build and maintain strong, credible relationships with internal stakeholders, suppliers, contractors, and delivery partners.
  • Represent the organisation professionally in contract‑related meetings and forums.
  • Mentor, guide, and provide informal supervision to Commercial Analysts or early‑career commercial staff.
  • Act as a role model for organisational values, behaviours, and professional standards.
  • Embody a leadership mindset and culture, fostering a positive, inclusive team environment and demonstrating integrity, professionalism, and ethical behaviour.

Qualifications

Essential:

  • Experience in commercial or contract management, ideally within large, complex programmes or projects.
  • Strong commercial acumen, analytical capability, and problem‑solving skills.
  • High proficiency in contract management systems and Microsoft Office (Word, Excel, PowerPoint).
  • Excellent written and verbal communication skills, with the ability to influence and challenge constructively.
  • Studying towards or willing to work towards membership of: MCIPS (Chartered Institute of Purchasing and Supply) or RICS (Royal Institution of Chartered Surveyors) or alternative recognised commercial accreditation.

Beneficial:

  • CIPS Level 4 Diploma (or equivalent commercial qualification).
  • Experience working in both public and private sectors.
  • Experience in highly regulated environments, ideally within UK public sector frameworks.
  • Familiarity with UK public sector commercial governance, policies, and assurance processes.
  • Experience supporting or mentoring junior commercial professionals.

Equality and Diversity

We welcome applications from under‑represented groups, particularly women in STEM and individuals from British black and other ethnic minority backgrounds, and people with disabilities. Our Executive team, supported by our 'Equality, Diversity and Inclusion' partner and Inclusion Ambassadors, actively promotes EDI and takes steps to increase diversity within our organisation. UKIFS is committed to being accessible. If you require help or adjustments to compete on a fair basis, such as changes to the way we interview or share information, please contact talent@ukifs.uk.

Security Clearances

This role requires employees to complete an online Baseline Personnel Security Standard (BPSS), including the Disclosure & Barring Service (DBS) checks for criminal convictions. While 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.

International Applicants

Applicants applying from outside the United Kingdom or who have spent time outside the UK in the last five years must refer to https://www.gov.uk/government/publications/criminal-records-checks-for-overseas-applicants for criminal records check information. 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.

Senior Commercial Analyst employer: STEP Fusion

UK Industrial Fusion Solutions (UKIFS) Ltd offers an exceptional work environment for the Senior Commercial Analyst role, with a strong commitment to employee well-being and professional growth. Located in West Burton, Nottinghamshire, employees benefit from a generous pension scheme, flexible working options, and a vibrant, inclusive culture that fosters collaboration and innovation. With ample opportunities for career development and a focus on diversity, UKIFS is dedicated to creating a meaningful and rewarding workplace for all its staff.

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Contact Detail:

STEP Fusion Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior 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 goals and challenges, especially around the STEP programme. This will help you tailor your answers and show you're genuinely interested.

Tip Number 3

Practice your pitch! Be ready to explain how your skills and experience align with the role of Senior Commercial Analyst. Highlight your commercial acumen and problem-solving abilities to stand out.

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 the team at UKIFS.

We think you need these skills to ace Senior Commercial Analyst

Commercial Management
Contract Management
Analytical Capability
Problem-Solving Skills
Microsoft Office (Word, Excel, PowerPoint)
Written Communication Skills
Verbal Communication Skills

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Senior Commercial Analyst role. Highlight your relevant experience in commercial or contract management, and show how your skills align with the responsibilities outlined in the job description.

Show Off Your Skills:Don’t hold back on showcasing your analytical capabilities and problem-solving skills. Use specific examples from your past experiences to demonstrate how you've successfully managed contracts or resolved disputes.

Be Clear and Concise:When writing your application, keep it clear and to the point. Use straightforward language and avoid jargon unless it's relevant to the role. Remember, we want to see your communication skills shine through!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. 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 STEP Fusion

Know Your Contracts

Familiarise yourself with different types of commercial contracts, especially those relevant to the role like joint venture agreements and supply contracts. Be ready to discuss how you’ve managed similar contracts in the past and any challenges you faced.

Showcase Your Analytical Skills

Prepare examples that highlight your strong analytical capabilities and problem-solving skills. Think about times when you've used data analysis to drive decisions or improve contractor performance, as this will resonate well with the interviewers.

Understand the Regulatory Landscape

Brush up on PA23 regulations and UK public sector commercial governance. Being able to discuss how you ensure compliance and manage risks will demonstrate your readiness for the role and your understanding of the environment you'll be working in.

Build Relationships

Emphasise your ability to build and maintain strong relationships with stakeholders. Prepare anecdotes that showcase your experience in mentoring junior staff or collaborating with partners, as this aligns with the leadership mindset they’re looking for.