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- Tasks: Manage contracts and collaborate with teams to support fusion energy projects.
- Company: Join UKIFS, a pioneering force in fusion energy solutions under the UK Atomic Energy Authority.
- Benefits: Enjoy flexible working, generous leave, and a strong pension scheme.
- Why this job: Be part of a groundbreaking journey towards sustainable energy and climate change solutions.
- Qualifications: Ideal for detail-oriented individuals with contract administration or procurement experience.
- Other info: Diversity is valued; applications from under-represented groups are encouraged.
The predicted salary is between 27000 - 36000 £ per year.
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Company Description
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.
Company Description
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:
- Outstandingdefined benefit pension scheme, details of which can be found at the end of this advert.
- Corporatebonus schemeup to 7% and aRelocationallowance (if eligible).
- Flexible working optionsincluding family friendly policies and the right to request flexible working from the start of your employment.
- Employee Assistance Programmeand 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 ofcareer development opportunities
- A vibrantculturecommitted to being fullyinclusive
A full list of our benefits can be found here https://careers.ukaea.uk/life-at-ukaea/employee-benefits/
The salary for this role is £32,577.
Employees of UKIFS can be based at either of our sites; West Burton, Nottinghamshire or Culham, Oxfordshire, and onsite working is expected for 3 days each week.
For more information on UKIFS, visit: https://careers.ukaea.uk/wp-content/uploads/download/UKIFS_CandidateRecruitmentPack.pdf
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 email talent@ukifs.uk 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.
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 our careers website .
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Commercial Analyst - UKIFS employer: UK Atomic Energy Authority
Contact Detail:
UK Atomic Energy Authority Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Analyst - UKIFS
✨Tip Number 1
Familiarise yourself with the UKIFS and its mission in fusion energy. Understanding their goals and projects will help you articulate how your skills align with their objectives during interviews.
✨Tip Number 2
Network with professionals in the fusion energy sector or those who have experience in contract administration. Engaging with industry experts can provide insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of your experience in contract management and compliance. Be ready to demonstrate your analytical skills and how you've successfully navigated contract risks in past roles.
✨Tip Number 4
Showcase your commitment to diversity and inclusion, as UKIFS values these principles. Be prepared to discuss how you can contribute to a collaborative and respectful work environment.
We think you need these skills to ace Commercial Analyst - UKIFS
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Commercial Analyst position. Understand the key responsibilities and required skills, so you can tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience in contract administration, procurement, or commercial operations. Use specific examples to demonstrate your analytical and problem-solving skills.
Showcase Your Qualifications: If you are a member of the Chartered Institute of Purchasing and Supply (MCIPS) or the Royal Institute of Chartered Surveyors (RICS), mention this prominently. If not, express your willingness to work towards these qualifications.
Craft a Strong Cover Letter: Write a compelling cover letter that reflects your enthusiasm for the role and the company. Discuss how your values align with UKIFS's mission and how you can contribute to their goals in fusion energy.
How to prepare for a job interview at UK Atomic Energy Authority
✨Understand the Role
Before the interview, make sure you thoroughly understand the responsibilities of a Commercial Analyst at UKIFS. Familiarise yourself with contract administration, compliance, and stakeholder engagement as these are key aspects of the role.
✨Showcase Relevant Experience
Prepare to discuss your previous experience in contract administration or procurement. Highlight specific examples where you've successfully managed contracts or resolved disputes, as this will demonstrate your capability for the role.
✨Demonstrate Analytical Skills
Since strong analytical skills are essential for assessing contract risks and performance, be ready to discuss how you've used data analysis in past roles. Consider bringing examples of reports or analyses you've conducted that relate to contract management.
✨Engage with Company Values
UKIFS values teamwork and diversity, so during the interview, express your commitment to these principles. Share experiences where you've worked collaboratively or contributed to an inclusive environment, as this aligns with their company culture.
