Senior Commercial Analyst
Listed on 2026-05-16
-
Business
Operations Manager, Regulatory Compliance Specialist
- Salary: £35,700 + excellent benefits including outstanding pension
- Division: UKFE - Commercial
- Site
Location:
West Burton, Nottinghamshire - Department: UKFE - Commercial and Supply Chain
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,details of which can be found at the end of this advert.
- Corporate bonus schemeup to 7% and aRelocationallowance (if eligible).
- Flexible working options including 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
- A vibrantculturecommitted to being fully inclusive
This position is to be based at West Burton,Nottinghamshire.
Onsite workingis expected for3 days each week.
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.
Building on the Commercial Analyst role, the Senior Commercial Analyst operates with some degree of autonomy, providing commercial advice, supporting defined aspects of contract delivery, and supporting the Buyers & Commercial Managers in the strategic oversight of procurement and contractual performance. The role is responsible for ensuring robust adherence to PA23 regulations, contract administration, proactive risk management, data management and the successful execution of complex commercial arrangements, while also contributing to the development of junior colleagues and continuous improvement of commercial processes.
Commercial & Contract Management- Support the drafting & review of complex commercial contracts, including joint venture agreements, supply contracts, construction agreements, and service contracts within the IPT.
- Assist the Buyers & Commercial Managers in ensuring contract terms align with programme objectives, regulatory requirements, and governance standards.
- Proactively manage post-contract commercial processes, including:
- Early warnings and change control
- Cost forecasting and financial reporting
- Payment mechanisms and cost validation
- Cost auditing and agreement of final accounts
- Take a supporting role in dispute avoidance and resolution, protecting organisational interests while maintaining positive, long-term relationships with Whole Plant Partners and suppliers.
- Identify, assess, and manage commercial risks, ensuring mitigation strategies are developed, implemented, and escalated 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, providing 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.
- Provide mentoring, guidance, and informal supervision to Commercial Analysts or early-career commercial staff.
- Act as a role model for organisational values, behaviours, and professional standards.
- Regardless of your formal position, you embody a leadership mindset and a set of leadership behaviours. You embrace and embody our organisation'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…
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