STEP Fusion
Senior Commercial Analyst
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Senior Commercial Analyst
Senior Commercial Analyst – UK Industrial Fusion Solutions (UKFE) Ltd.
Company Description
The UK Government has established UK Industrial Fusion Solutions (UKFE) Ltd, a subsidiary of UK Atomic Energy Authority (UKAEA), to drive the delivery of fusion energy through the design and construction of the Spherical Tokamak for Energy Production (STEP) prototype fusion plant.
A pivotal innovation in combating climate change and ensuring energy independence, fusion is projected to be commercially viable by mid-century. The UK, led by UKFE, aims for a prototype fusion plant with first operations targeted around 2040.
This ambitious journey will deliver a £7tn (global) fusion sector opportunity and will require comprehensive leadership, industrial collaboration, and supply chain development.
Benefits
Becoming part of UKFE offers:
- Outstanding defined benefit pension scheme[^1]
- Corporate bonus scheme (up to 7%) and relocation allowance (if eligible)
- Flexible working options including family-friendly policies and the right to request flexible working from day one
- Employee Assistance Programme, trained Mental Health First Aiders, and a culture committed to full inclusivity
- Stelliferous annual leave Allowance: 25 days + Christmas closing + 2.5 privilege days, plus all UK public holidays
- Broad range of career development opportunities
- Full list of benefits
Job Description
The Senior Commercial Analyst is instrumental in commercial and contracting activities for one or more Integrated Project Teams (IPTs) or the wider STEP programme.
Building on the Commercial Analyst role, the Senior Commercial Analyst:
- Operates with increasing autonomy
- Provides commercial advice and support in contract delivery
- Guides Buyers & Commercial Managers
- Ensures practices align with UKFE’s regulatory and strategic objectives, including PA23 standards
- Monitors vendor & contractor performance whilst supporting career growth in commercial teams
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Key Responsibilities
1. Commercial & Contract Management
- Assist in drafting and reviewing complex contracts, including:
- Joint venture agreements
- Supply contracts
- Construction agreements
- Service contracts
- Ensure contract terms align with programme objectives, regulations, and governance standards
- Manage post-contract processes:
- Warning & change control
- Cost forecasting and financial reporting
- Payment mechanisms and cost validation
- Dispute avoidance and resolution to mitigate threats to stakeholder relationships
- Draft contract amendments, extensions, and variations in line with delegated authority and procedures
2. Performance, Reporting & Assurance
- Produce high-quality commercial reports on costs, risks, and performance, offering clear recommendations to senior leadership
- Maintain accurate, auditable records for contractor compliance
3. Stakeholder Management & Leadership
- Build relationships with internal stakeholders, suppliers, contractors, and partners
- Represent UKFE professionally in contract-related meetings
- Act as a mentor for Commercial Analysts and early-career professionals, fostering professional growth
4. Embrace a Leadership Mindset
Support organisational culture by:
- Leading inclusively and ethically, ensuring a respectful and collaborative workplace
- Valuing diversity and teamwork in all engagements
- Demonstrating integrity, professionalism, and decision-making to problem-solve effectively
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The role may include additional tasks as reasonably required.
Requirements
Essential:
- Experience in commercial or contract management, preferably in large-scale programmes or projects
- Strong commercial acumen, analysis, and problem-solving skills
- High proficiency in contract management systems & MS Office (Word, Excel, PowerPoint)
- Excellent written/verbal communication, with the ability to influence and challenge constructively
- Willingness to pursue or achieve membership of:
- Chartered Institute of Purchasing & Supply (MCIPS)
- Royal Institution of Chartered Surveyors (RICS)
- Alternative recognised commercial qualification
Desirable:
- CIPS Level 4 Diploma (or equivalent)
- Public and private sector operational experience
- Government-procurement and regulatory-dealings (UK public sector frameworks)
- Mentoring junior commercial staff
Additional Considerations
UKFE prioritises diversity and inclusion, encouraging applications from underrepresented groups—particularly:
- Women in STEM
- British Black and minority ethnic (BME) candidates
- Individuals with disabilities
For support or adjustments, contact: talent@ukifs.uk
Security Clearance & Application Notes
- Applicants may require a Baseline Personnel Security Standard (BPSS) check (including DBS processing)
- Future SC Clearance transfers (if subsequently needed) will be supported for those already holding equivalent security.
- Overseas applicants: consult government guidance on international criminal record checks.
Vacancies close after 4 weeks or earlier if high application volume is received.
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