The table below looks at the prevalence of the term General Ledger 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 General Ledger over the 3 months to 24 December 2014 with a comparison to the same period in the previous 2 years.

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
24 Dec 2014
Same period 2013 Same period 2012
General Ledger
Rank 186 184 172
Rank change year-on-year
-2 -12
Contract jobs citing General Ledger 10 18 28
As % of all contract IT jobs located in the City of London 0.18% 0.27% 0.47%
As % of the General category 0.35% 0.48% 0.83%
Number of daily rates quoted 6 14 15
Average daily rate
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£494 £550 £450
Average daily rate % change year-on-year
-10.22% +22.22%
90% offered a daily rate of more than £475 £493 £275
10% offered a daily rate of more than £575 £600 £550
UK excluding London average daily rate £425 £400 £450
% change year-on-year
+6.25% -11.11%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £18.79
UK excluding London average hourly rate £18.25 - -
General Ledger
London

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised in the City of London region.

General Category
City of London
Contract IT job ads with a match in the
General category
2855 3716 3357
As % of all contract IT jobs located in the City of London 51.07% 55.88% 55.98%
Number of daily rates quoted 2252 2819 2577
Average daily rate £475 £500 £475
Average daily rate % change year-on-year
-5.00% +5.26%
90% offered a daily rate of more than £293 £315 £300
10% offered a daily rate of more than £640 £650 £625
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 20 53 52
Average hourly rate £18.75 £20.00 £22.00
Average hourly rate % change year-on-year
-6.25% -9.09%
90% offered a hourly rate of more than £13.50 £10.70 £14.50
10% offered a hourly rate of more than £29.45 £38.40 £49.00
UK excluding London average hourly rate £22.50 £25.00 £22.50
% change year-on-year
-10.00% +11.11%

General Ledger
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing General Ledger across the City of London region as a proportion of the total demand within the General category.

General Ledger Jobs Demand Trend in the City of London

General Ledger
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 General Ledger across the City of London region.

General Ledger Daily Rate Trend in the City of London

General Ledger
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing General Ledger across the City of London region over the 3 months to 24 December 2014.

General Ledger Daily Rate Histogram in the City of London

General Ledger
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing General Ledger across the City of London region.

General Ledger Hourly Rate Trend in the City of London

General Ledger
Top 30 Related IT Skills in the City of London

For the 6 months to 24 December 2014, IT contractor jobs across the City of London region citing General Ledger 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 General Ledger.

1 31 (86.11%) Finance
2 17 (47.22%) Oracle
2 17 (47.22%) Oracle General Ledger
2 17 (47.22%) Oracle Receivables
3 16 (44.44%) Oracle EBS R12
4 13 (36.11%) Oracle EBS
4 13 (36.11%) Oracle Payables
5 12 (33.33%) Oracle Assets
5 12 (33.33%) Security Cleared
6 10 (27.78%) SC Cleared
6 10 (27.78%) Cash Management
7 9 (25.00%) Oracle Cash Management
8 8 (22.22%) Oracle iProcurement
8 8 (22.22%) Test Scripting
9 7 (19.44%) Oracle Internet Expenses
9 7 (19.44%) Manufacturing
10 6 (16.67%) ERP
10 6 (16.67%) Unit Testing
10 6 (16.67%) Banking
10 6 (16.67%) Investment Banking
11 5 (13.89%) Oracle Certification
11 5 (13.89%) Configuration Management
11 5 (13.89%) Change Management
12 4 (11.11%) CODA-Financials
12 4 (11.11%) Project Management
12 4 (11.11%) CODA
12 4 (11.11%) HP
12 4 (11.11%) Agile Software Development
13 3 (8.33%) Resource Management
13 3 (8.33%) Matrix Management

General Ledger
Top Related IT Skills in the City of London by Category

For the 6 months to 24 December 2014, IT contractor jobs across the City of London region citing General Ledger 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 General Ledger. Up to 20 skills are shown per category.

Application Platforms
1 2 (5.56%) NetWeaver
2 1 (2.78%) Oracle Workflow
Applications
1 1 (2.78%) MS Excel
1 1 (2.78%) MS Visio
1 1 (2.78%) MS PowerPoint
Business Applications
1 17 (47.22%) Oracle General Ledger
1 17 (47.22%) Oracle Receivables
2 16 (44.44%) Oracle EBS R12
3 13 (36.11%) Oracle Payables
3 13 (36.11%) Oracle EBS
4 12 (33.33%) Oracle Assets
5 9 (25.00%) Oracle Cash Management
6 8 (22.22%) Oracle iProcurement
7 7 (19.44%) Oracle Internet Expenses
8 4 (11.11%) CODA-Financials
9 3 (8.33%) Oracle 11i
10 2 (5.56%) Agresso
10 2 (5.56%) Oracle Financials
10 2 (5.56%) Oracle ERP
10 2 (5.56%) SAP BPC
11 1 (2.78%) Oracle Procure-to-Pay
11 1 (2.78%) Oracle Applications
11 1 (2.78%) SAP FI-GL
Database & Business Intelligence
1 3 (8.33%) SAP BW
2 2 (5.56%) SQL Server
3 1 (2.78%) Oracle Reports
3 1 (2.78%) Data Warehouse
Development Applications
1 1 (2.78%) Oracle Forms
1 1 (2.78%) JIRA
General
1 31 (86.11%) Finance
2 7 (19.44%) Manufacturing
3 6 (16.67%) Banking
3 6 (16.67%) Investment Banking
4 2 (5.56%) Legal
Job Titles
1 14 (38.89%) Consultant
2 13 (36.11%) Functional Consultant
3 11 (30.56%) Oracle Functional Consultant
3 11 (30.56%) Oracle Consultant
4 10 (27.78%) Analyst
5 4 (11.11%) Developer
6 3 (8.33%) Project Manager
6 3 (8.33%) Business Analyst
6 3 (8.33%) Oracle Financials Consultant
7 2 (5.56%) Analyst Developer
7 2 (5.56%) IT Project Manager
7 2 (5.56%) Developer Analyst
7 2 (5.56%) Financial Analyst
7 2 (5.56%) Banking Business Analyst
7 2 (5.56%) Oracle Developer
7 2 (5.56%) Delivery Manager
7 2 (5.56%) ERP Consultant
8 1 (2.78%) Oracle Analyst
8 1 (2.78%) Oracle Support Analyst
8 1 (2.78%) Quality Analyst
Libraries, Frameworks & Software Standards
1 1 (2.78%) Middleware
1 1 (2.78%) FpML
1 1 (2.78%) MXML
Miscellaneous
1 3 (8.33%) Analytical Skills
2 2 (5.56%) Derivative
2 2 (5.56%) Data Extraction
3 1 (2.78%) Mainframe
3 1 (2.78%) Fixed Income
Processes & Methodologies
1 10 (27.78%) Cash Management
2 8 (22.22%) Test Scripting
3 6 (16.67%) Unit Testing
3 6 (16.67%) ERP
4 5 (13.89%) Configuration Management
4 5 (13.89%) Change Management
5 4 (11.11%) Project Management
5 4 (11.11%) Agile Software Development
6 3 (8.33%) Resource Management
6 3 (8.33%) Matrix Management
6 3 (8.33%) PRINCE2
6 3 (8.33%) Waterfall
6 3 (8.33%) Time Management
7 2 (5.56%) ITIL
7 2 (5.56%) System Testing
7 2 (5.56%) CRM
7 2 (5.56%) Workflow
7 2 (5.56%) User Acceptance Testing
7 2 (5.56%) Enterprise Data Management
7 2 (5.56%) Data Management
Programming Languages
1 1 (2.78%) PL/SQL
1 1 (2.78%) SQL
Qualifications
1 12 (33.33%) Security Cleared
2 10 (27.78%) SC Cleared
3 5 (13.89%) Oracle Certification
4 3 (8.33%) PMP
4 3 (8.33%) PMI Certification
5 2 (5.56%) ACCA
5 2 (5.56%) CIMA
5 2 (5.56%) Degree
5 2 (5.56%) DV Cleared
Quality Assurance & Compliance
1 3 (8.33%) FINREP
2 2 (5.56%) GAAP
2 2 (5.56%) Solvency II
3 1 (2.78%) Data Quality
3 1 (2.78%) CRD IV
3 1 (2.78%) Basel III
Vendors
1 17 (47.22%) Oracle
2 4 (11.11%) HP
2 4 (11.11%) CODA
3 3 (8.33%) SAP
4 1 (2.78%) Microsoft
4 1 (2.78%) Pegasus