Company Description
The UK Government has established UK Fusion Energy (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 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 UKFE, aims for a prototype fusion plant, targeting first operations around 2040. UK Fusion Energy 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 UKFE and the STEP programme to be involved in this ground breaking journey.
As an employee of UKFE, you will benefit from:
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Outstanding defined benefit pension scheme, details of which can be found at the end of this advert.
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Corporate bonus scheme up to 7% and a Relocation allowance (if eligible).
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Flexible working options including family friendly policies and the right to request flexible working from the start of your employment.
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Employee Assistance Programme and trained Mental Health First Aiders,
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Generous annual leave allowance starting with 25 days, plus 3 days Christmas closure and 2.5 privilege days, in addition to UK bank holidays
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Wide range of career development opportunities
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A vibrant culture committed to being fully inclusive
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 £51,317 + excellent benefits including outstanding pension
This position is based at West Burton, Nottinghamshire.
For more information on UKFE, visit: https://careers.ukaea.uk/wp-content/uploads/download/UKIFS_CandidateRecruitmentPack.pdf
The closing date for this advert is set for the 26th July 2026.
Job Description
We are seeking a highly skilled and commercially minded Finance Analyst to join our newly formed Financial Strategy Team. Reporting directly to the Head of Financial Strategy, this is a high-profile Financial Planning & Analysis (FP&A) role, offering the opportunity to influence major strategic decisions and play a key role in the successful delivery of a nationally significant programme.
This is an exciting opportunity for an analytical finance professional who enjoys solving complex challenges, influencing stakeholders, and translating financial insight into strategic action.
The Role
As Finance Analyst, you will provide sophisticated financial modelling, forecasting, business partnering, and investment analysis to support the STEP Programme. You will be responsible for transforming complex financial and operational data into meaningful insights that drive decision-making at senior leadership level.
You'll work closely with programme leaders and finance colleagues to ensure robust financial planning, effective resource allocation, and strong governance across a multi-billion-pound programme.
Key Responsibilities
Financial Modelling & Analysis
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Develop, maintain and enhance complex financial models to support strategic decision-making, investment planning, and long-term programme delivery.
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Produce integrated forecasts across profit and loss, balance sheet and cashflow positions.
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Conduct detailed scenario planning and sensitivity analysis to assess financial risks and opportunities.
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Perform investment appraisals, including NPV and IRR analysis, for major capital projects and strategic initiatives.
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Analyse programme expenditure, budgets, forecasts and key performance metrics, identifying trends and providing actionable recommendations.
Planning, Budgeting & Forecasting
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Support and coordinate annual budget setting, long-range planning and forecasting processes.
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Partner with stakeholders to ensure budgets align with strategic objectives and funding requirements.
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Develop and improve driver-based forecasting methodologies to enhance financial planning accuracy and efficiency.
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Challenge assumptions and provide robust financial scrutiny to support effective decision-making.
Strategic Business Partnering
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Act as a trusted finance partner to the Head of Financial Strategy and senior programme leaders.
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Provide forward-looking financial insight and recommendations to mitigate risks and maximise opportunities.
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Support the development and implementation of the financial strategy for both UKFE and the STEP Programme.
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Translate complex financial information into clear and compelling narratives for senior audiences.
Reporting & Governance
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Prepare high-quality management reports, presentations and financial papers for executive committees, boards and external stakeholders.
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Ensure compliance with financial governance frameworks, public sector reporting standards and funding requirements.
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Support transparency, accountability and continuous improvement across financial processes.
Qualifications
Essential:
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A relevant accounting qualification (e.g., ACA, ACCA, CIMA) or a degree in Finance, Economics, or a related quantitative.
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Proven experience (e.g., 2+ years) in a dedicated FP&A, Commercial Finance, or Strategy role.
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Exceptional financial modelling skills using Excel (or similar tools), with demonstrable experience building robust, dynamic, and complex models from scratch.
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Strong analytical capabilities, attention to detail, and a proactive approach to problem-solving.
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Excellent communication and presentation skills, with the ability to clearly articulate complex financial information to non-financial stakeholders.
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Effective interpersonal and communication skills, able to build credibility with non-financial colleagues and IPT leaders.
Beneficial:
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Experience working within a large-scale programme, infrastructure, or government environment.
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Familiarity with UK public sector financial standards and budgetary processes.
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Experience using finance and project management systems such as Unit4, ThinkProject, PowerBI or equivalent.
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Experience working in a matrix environment, balancing multiple priorities and stakeholders.
Additional Information
We welcome applications from under-represented groups, particularly women in STEM and individuals from British black and ethnic minority backgrounds, and individuals 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.
UKFE is committed to being accessible. Please email [email protected] 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 UKFE.
As we work towards our mission and goals, guided by our principles, STEP has six behaviours that are intended to capture the spirit of how we work:
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We champion safety
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We all matter
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We act as one
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We embrace change
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We are pioneering
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We deliver
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.
