The first table below looks at the demand for GAAP skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited GAAP over the 3 months to 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category for the City of London region.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
18 Apr 2014
Same period 2013 Same period 2012
Generally Accepted Accounting Principles (GAAP)
Rank 208 196 218
Rank change year-on-year
-12 +22
Contract jobs citing GAAP 2 1 6
As % of all contract IT jobs located in the City of London 0.031% 0.016% 0.074%
As % of the Quality Assurance & Compliance category 0.33% 0.18% 0.75%
Number of daily rates quoted 1 1 5
Average daily rate £350 £185 £325
Average daily rate % change year-on-year
+89.18% -43.07%
UK excluding London average daily rate - - £200
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £17.00 £26.50 -
% change year-on-year
-35.84% -
Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
607 541 804
As % of all contract IT jobs located in the City of London 9.41% 8.68% 9.94%
Number of daily rates quoted 417 400 585
Average daily rate £450 £450 £500
Average daily rate % change year-on-year
- -10.00%
90% offered a daily rate of more than £290 £276 £300
10% offered a daily rate of more than £600 £600 £650
UK excluding London average daily rate £365 £330 £350
% change year-on-year
+10.60% -5.71%
Number of hourly rates quoted 10 16 25
Average hourly rate £17.50 £135.00 £17.87
Average hourly rate % change year-on-year
-87.03% +655.66%
90% offered a hourly rate of more than £14.80 £15.85 £12.37
10% offered a hourly rate of more than £46.35 £135.00 £22.50
UK excluding London average hourly rate £18.00 £15.25 £16.43
% change year-on-year
+18.03% -7.15%
GAAP
London

GAAP
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing GAAP across the City of London region as a proportion of the total demand within the Quality Assurance & Compliance category.

GAAP Jobs Demand Trend in the City of London

GAAP
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing GAAP across the City of London region.

GAAP Daily Rate Trend in the City of London

GAAP
Top 30 Related IT Skills in the City of London

For the 6 months to 18 April 2014, IT contractor jobs across the City of London region citing GAAP also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited GAAP.

1 5 (83.33%) Finance
2 3 (50.00%) Data Analysis
2 3 (50.00%) Performance Management
2 3 (50.00%) Back Office
3 2 (33.33%) Business Performance Management
3 2 (33.33%) Banking
3 2 (33.33%) Advertising
3 2 (33.33%) ERP
4 1 (16.67%) Business Intelligence
4 1 (16.67%) IBM
4 1 (16.67%) ACCA
4 1 (16.67%) Project Management
4 1 (16.67%) Sarbanes-Oxley
4 1 (16.67%) Mainframe
4 1 (16.67%) Migration
4 1 (16.67%) Legal
4 1 (16.67%) CIMA
4 1 (16.67%) OLAP
4 1 (16.67%) Cognos
4 1 (16.67%) Data Warehouse
4 1 (16.67%) Asset Management
4 1 (16.67%) Billing
4 1 (16.67%) Applix
4 1 (16.67%) Cognos TM1
4 1 (16.67%) Investment Banking
4 1 (16.67%) General Ledger
4 1 (16.67%) Business Analysis
4 1 (16.67%) Derivative
4 1 (16.67%) Degree
4 1 (16.67%) JIRA

GAAP
Top Related IT Skills in the City of London by Category

For the 6 months to 18 April 2014, IT contractor jobs across the City of London region citing GAAP also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited GAAP. Up to 20 skills are shown per category.

Business Applications
1 1 (16.67%) Cognos TM1
Database & Business Intelligence
1 1 (16.67%) OLAP
1 1 (16.67%) Data Warehouse
Development Applications
1 1 (16.67%) JIRA
General
1 5 (83.33%) Finance
2 3 (50.00%) Back Office
3 2 (33.33%) Banking
3 2 (33.33%) Advertising
4 1 (16.67%) Legal
4 1 (16.67%) Billing
4 1 (16.67%) Investment Banking
4 1 (16.67%) General Ledger
Job Titles
1 3 (50.00%) Business Analyst
1 3 (50.00%) Analyst
2 1 (16.67%) Architect
Miscellaneous
1 1 (16.67%) Mainframe
1 1 (16.67%) Derivative
Processes & Methodologies
1 3 (50.00%) Data Analysis
1 3 (50.00%) Performance Management
2 2 (33.33%) Business Performance Management
2 2 (33.33%) ERP
3 1 (16.67%) Business Intelligence
3 1 (16.67%) Project Management
3 1 (16.67%) Migration
3 1 (16.67%) Asset Management
3 1 (16.67%) Business Analysis
3 1 (16.67%) Wealth Management
3 1 (16.67%) User Acceptance Testing
3 1 (16.67%) Test Scripting
3 1 (16.67%) Data Mapping
3 1 (16.67%) Performance Tuning
Qualifications
1 1 (16.67%) ACCA
1 1 (16.67%) CIMA
1 1 (16.67%) Degree
Quality Assurance & Compliance
1 1 (16.67%) Sarbanes-Oxley
1 1 (16.67%) QA
Vendors
1 1 (16.67%) IBM
1 1 (16.67%) Cognos
1 1 (16.67%) Applix
City, London
Oliver James Associates
Rate: £300 - £350 per day
Posted: 3 days ago