The Commercial Analyst provides essential support to the commercial and contract management function within an Integrated Project Team (IPT), contributing to the wider STEP programme.
Working under the guidance and supervision of more senior commercial colleagues, the role supports the day-to-day administration and monitoring of contracts, helping to ensure that contractual obligations are met, risks are identified early, and commercial processes are followed accurately and consistently. This role is suitable for an individual developing their commercial skillset and professional competence within a complex, regulated environment.
Contract Administration & Commercial Support
- Support the drafting, review, and administration of commercial contracts such as supply, construction, service, and framework agreements within the IPT.
- Assist senior colleagues in ensuring contract terms are accurately reflected, documented, and administered in line with project objectives and governance requirements.
- Maintain up-to-date, accurate commercial and contractual records, ensuring information is filed, tracked, and retrievable.
- Support post-contract commercial activities, including:
o Early warning and change control processes
o Cost tracking and forecasting data preparation
o Payment administration and verification
o Identify potential commercial risks or issues and escalate these appropriately to senior colleagues.
o Assist with the preparation of periodic contract and cost reports for internal stakeholders.
Performance Monitoring & Data Management
- Collect, analyse, and maintain commercial data to support effective contract management and performance monitoring.
- Help ensure contractor performance information is accurate and supports continuous improvement initiatives.
- Support audits, reviews, and assurance activities by providing accurate commercial information when required.
- Use commercial systems and tools effectively to maintain high-quality data standards.
Collaboration & Stakeholder Engagement
- Work collaboratively with colleagues across the IPT, contributing to a respectful, inclusive, and professional team environment.
- Build effective working relationships with suppliers, contractors, and delivery partners, under the guidance of senior commercial staff.
- Support the preparation of contract-related presentations, briefing materials, and meeting packs.
- Attend contract and commercial meetings as required, producing clear and accurate records of discussions and actions.
- Demonstrate organisational values and professional behaviours in all interactions, acting as a positive representative of the organisation.
Embody a Leadership Mindset
- Regardless of your formal position, you embody a leadership mindset and a set of leadership behaviours. You embrace and embody our organization'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 respectful and collaborative workplace, valuing diversity, and promoting teamwork.
- Act as a cultural ambassador, representing our organization's values and professionalism in interactions with colleagues, clients, and stakeholders.
- Lead by example, demonstrating integrity, professionalism, and ethical behaviour.
- Make informed decisions and solve problems effectively, considering diverse perspectives and organisational goals.
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.