Senior Commercial Analyst

Company Description

The UK Government has established UK Industrial Fusion Solutions (UKFE) 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. UKFE is establishing itself, setting up the company, attracting talent, engaging with industry, developing a supply chain, and planning and constructing 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 UKFE, 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 UKFE you will benefit from a defined benefit pension scheme, a corporate bonus scheme up to 7%, a relocation allowance (if eligible), flexible working options, an employee assistance programme, generous annual leave of 25 days plus 3 days Christmas closure and 2.5 privilege days, plus UK bank holidays. A wide range of career development opportunities and a vibrant culture committed to being fully inclusive are also available.

The Senior Commercial Analyst provides essential support in the commercial and contractual management of contracts within integrated project teams (IPTs) or the wider STEP programme. The role operates with some autonomy, offering commercial advice and supporting defined aspects of contract delivery, and supporting Buyers & Commercial Managers in the strategic oversight of procurement and contractual performance. The Senior Commercial Analyst ensures robust adherence to PA23 regulations, contract administration, proactive risk management, data management, and the successful execution of complex commercial arrangements while contributing to the development of junior colleagues and continuous improvement of processes.

• Draft and review complex commercial contracts, including joint venture agreements, supply contracts, construction agreements, and service contracts.
• Assist Buyers & Commercial Managers in aligning contract terms with programme objectives, regulatory requirements, and governance standards.
• Proactively manage post‑contract commercial processes: early warnings and change control, cost forecasting and financial reporting, payment mechanisms and cost validation, cost auditing and final account agreement.
• 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, developing, implementing, 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, 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.

• Embrace and embody the organisation's culture, values, and mission in all aspects of work.
• Foster a positive and…