At a Glance
- Tasks: Manage and administer contracts, ensuring compliance and successful delivery of fusion energy solutions.
- Company: Join UKIFS, a leader in fusion energy solutions, committed to innovation and sustainability.
- Benefits: Enjoy flexible working options, professional development opportunities, and a diverse, inclusive workplace culture.
- Why this job: Be part of a dynamic team that values collaboration and makes a real impact in the energy sector.
- Qualifications: Ideal candidates are detail-oriented with experience in contract administration and strong analytical skills.
- Other info: We encourage applications from under-represented groups and offer support for accessibility needs.
The predicted salary is between 28800 - 48000 £ per year.
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As a Commercial Analyst, you will play a pivotal role in the management and administration of contracts, working closely with contract managers, technical teams, and external partners. Your role will ensure that contracts are properly executed, monitored, and maintained to support the successful delivery of fusion energy solutions.
Contract Administration & Compliance
- Assist in the drafting, review, and negotiation of complex contracts, including joint venture agreements, supply contracts, and construction agreements.
- Support the Contract Manager in ensuring that contract terms align with project goals, regulatory standards, and compliance requirements.
- Maintain accurate documentation and track contract performance to ensure key deliverables are met.
- Assist in resolving disputes while fostering positive, long-term relationships with Whole Plant Partners and suppliers.
- Support post-contract commercial processes, including early warnings, cost forecasting, payments, and change management.
- Monitor contract risks and mitigation strategies, ensuring contract compliance at all times.
- Prepare regular contract reports highlighting risks, issues, and performance insights.
- Support contract amendments, renewals, and extensions, ensuring proper approvals and documentation.
Collaboration & Stakeholder Engagement
- Promote a collaborative and respectful work environment, valuing teamwork and diversity.
- Act as a cultural ambassador, representing UKIFS’s values in all contract interactions.
- Build and maintain strong relationships with suppliers, contractors, and project stakeholders.
- Support the preparation of contract-related presentations and reports.
- Assist in contract-related meetings, ensuring key discussions are recorded, and issues are addressed efficiently.
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.
Job Description
As a Commercial Analyst, you will play a pivotal role in the management and administration of contracts, working closely with contract managers, technical teams, and external partners. Your role will ensure that contracts are properly executed, monitored, and maintained to support the successful delivery of fusion energy solutions.
Contract Administration & Compliance
- Assist in the drafting, review, and negotiation of complex contracts, including joint venture agreements, supply contracts, and construction agreements.
- Support the Contract Manager in ensuring that contract terms align with project goals, regulatory standards, and compliance requirements.
- Maintain accurate documentation and track contract performance to ensure key deliverables are met.
- Assist in resolving disputes while fostering positive, long-term relationships with Whole Plant Partners and suppliers.
- Support post-contract commercial processes, including early warnings, cost forecasting, payments, and change management.
- Monitor contract risks and mitigation strategies, ensuring contract compliance at all times.
- Prepare regular contract reports highlighting risks, issues, and performance insights.
- Support contract amendments, renewals, and extensions, ensuring proper approvals and documentation.
Collaboration & Stakeholder Engagement
- Promote a collaborative and respectful work environment, valuing teamwork and diversity.
- Act as a cultural ambassador, representing UKIFS’s values in all contract interactions.
- Build and maintain strong relationships with suppliers, contractors, and project stakeholders.
- Support the preparation of contract-related presentations and reports.
- Assist in contract-related meetings, ensuring key discussions are recorded, and issues are addressed efficiently.
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 organized and detail-driven contract professional with a background in contract administration, procurement, or commercial operations.
Essential Skills & Experience:
- Partially or fully qualified member of the Chartered Institute of Purchasing and Supply (MCIPS) or Royal Institute of Chartered Surveyors (RICS) – or a willingness to work towards qualification.
- Proven experience in contract administration or a similar role.
- Strong analytical and problem-solving skills to assess contract risks and performance.
- Proficiency in contract management software and MS Office Suite (Word, Excel, PowerPoint).
- Excellent communication and interpersonal skills to engage with internal and external stakeholders.
- Strong attention to detail and organizational skills, ensuring accurate contract execution.
- Ability to work independently and manage multiple priorities in a fast-paced
Desirable Experience:
- Experience working in both public and private sector environments.
- Knowledge of public sector procurement regulations and governance frameworks.
- Experience working in a highly regulated environment.
Additional Information
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\’ (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 emailtalent@ukifs.ukif 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-applicantsIf 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.
Please note that vacancies are generally advertised for 4 weeks but may close earlier if we receive a large number of applications. We may consider your application for future positions or similar positions within the organisation.
We have a number of exceptional opportunities available at the moment, to view them all please visit ourcareers website.
Please note that if you are NOT a passport holder of the country for the vacancy you might need a work permit. Check our Blog for more information.
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Created on 25/06/2025 by TN United Kingdom
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Commercial Analyst - UKIFS employer: Step
Contact Detail:
Step Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Analyst - UKIFS
✨Tip Number 1
Familiarise yourself with the key aspects of contract administration and compliance. Understanding the nuances of joint venture agreements, supply contracts, and construction agreements will give you an edge in discussions and interviews.
✨Tip Number 2
Build your network within the industry by attending relevant events or webinars. Engaging with professionals in contract management can provide insights and potentially lead to referrals for the Commercial Analyst position.
✨Tip Number 3
Demonstrate your analytical skills by preparing examples of how you've assessed contract risks in previous roles. Being able to discuss real-life scenarios will showcase your problem-solving abilities to potential employers.
✨Tip Number 4
Research UKIFS's values and culture thoroughly. Being able to articulate how you align with their commitment to diversity and inclusion during interviews will set you apart as a candidate who fits well within their team.
We think you need these skills to ace Commercial Analyst - UKIFS
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in contract administration, procurement, or commercial operations. Use keywords from the job description to demonstrate your fit for the role.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the responsibilities and qualifications mentioned in the job description. Explain how your skills and experiences align with the role of a Commercial Analyst.
Showcase Relevant Skills: Emphasise your analytical and problem-solving skills, as well as your proficiency in contract management software and MS Office Suite. Provide examples of how you've successfully managed contracts in the past.
Highlight Teamwork and Communication: Since the role involves collaboration and stakeholder engagement, include examples of how you've worked effectively in teams and communicated with various stakeholders in previous roles.
How to prepare for a job interview at Step
✨Understand Contract Management
Familiarise yourself with the key aspects of contract management, including drafting, negotiation, and compliance. Be prepared to discuss your experience with complex contracts and how you ensure they align with project goals.
✨Showcase Analytical Skills
Highlight your analytical and problem-solving abilities during the interview. Be ready to provide examples of how you've assessed contract risks and performance in previous roles.
✨Demonstrate Communication Skills
Effective communication is crucial for this role. Prepare to discuss how you've engaged with stakeholders in the past and how you foster positive relationships with suppliers and partners.
✨Emphasise Teamwork and Collaboration
Since the role involves working closely with various teams, be sure to convey your ability to promote a collaborative work environment. Share examples of how you've successfully worked in diverse teams and contributed to a respectful workplace culture.