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 contractor rates offered in IT contracts that have cited General Ledger over the 3 months to 31 May 2016 with a comparison to the same period over 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.

3 months to
31 May 2016
Same period 2015 Same period 2014
General Ledger
Rank 150 180 190
Rank change year-on-year
+30 +10
Contract jobs citing General Ledger 7 17 15
As % of all contract IT jobs located in the City of London 0.21% 0.31% 0.25%
As % of the General category 0.40% 0.58% 0.47%
Number of daily rates quoted 3 15 11
Median daily rate £500 £500 £488
Median daily rate % change year-on-year
- +2.56%
90% offered a daily rate of more than £320 £385 £450
10% offered a daily rate of more than £552 £550 £525
UK excluding London median daily rate £400 £475 £422
% change year-on-year
-15.78% +12.59%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £12.50
UK excluding London median hourly rate £12.25 £17.50 -
% change year-on-year
-30.00% -
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
1766 2915 3170
As % of all contract IT jobs located in the City of London 52.72% 53.19% 52.54%
Number of daily rates quoted 1502 2274 2428
Median daily rate £500 £488 £475
Median daily rate % change year-on-year
+2.56% +2.63%
90% offered a daily rate of more than £325 £313 £300
10% offered a daily rate of more than £650 £625 £650
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 13 39 39
Median hourly rate £16.96 £19.72 £18.25
Median hourly rate % change year-on-year
-13.98% +8.02%
90% offered a hourly rate of more than £13.70 £10.50 £11.55
10% offered a hourly rate of more than £41.68 £32.25 £49.75
UK excluding London median hourly rate £25.00 £22.75 £25.00
% change year-on-year
+9.89% -9.00%

General Ledger
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing General Ledger as a proportion of all IT contracts with a match in 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 31 May 2016.

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 31 May 2016, IT contractor jobs citing General Ledger also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for General Ledger.

1 18 (85.71%) Finance
2 12 (57.14%) Banking
3 10 (47.62%) SQL
4 9 (42.86%) Oracle
4 9 (42.86%) Oracle General Ledger
5 8 (38.10%) Oracle Financials
6 7 (33.33%) Oracle Assets
6 7 (33.33%) Oracle E-Business Tax
6 7 (33.33%) Oracle Payables
7 6 (28.57%) Financial Institution
8 5 (23.81%) Investment Banking
9 4 (19.05%) Back Office
9 4 (19.05%) Oracle EBS
9 4 (19.05%) Data Warehouse
9 4 (19.05%) Technical Analysis
9 4 (19.05%) COREP
9 4 (19.05%) IT Governance
10 3 (14.29%) User Acceptance Testing
10 3 (14.29%) Defect Management
10 3 (14.29%) E-business
11 2 (9.52%) Advertising
11 2 (9.52%) Change Management
11 2 (9.52%) GAAP
11 2 (9.52%) PL/SQL
11 2 (9.52%) Business Intelligence
11 2 (9.52%) Reinsurance
11 2 (9.52%) Oracle Subledger Accounting
11 2 (9.52%) Analytical Skills
11 2 (9.52%) Translating Business Requirements
11 2 (9.52%) Oracle EBS R12

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

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 1 (4.76%) Spreadsheet
Business Applications
1 9 (42.86%) Oracle General Ledger
2 8 (38.10%) Oracle Financials
3 7 (33.33%) Oracle Assets
3 7 (33.33%) Oracle E-Business Tax
3 7 (33.33%) Oracle Payables
4 4 (19.05%) Oracle EBS
5 2 (9.52%) Oracle EBS R12
5 2 (9.52%) Oracle Subledger Accounting
6 1 (4.76%) Oracle Receivables
6 1 (4.76%) SAP CO
6 1 (4.76%) SAP FI
6 1 (4.76%) SAP FI/CO
Database & Business Intelligence
1 4 (19.05%) Data Warehouse
2 1 (4.76%) BusinessObjects
2 1 (4.76%) Oracle Database
2 1 (4.76%) Oracle Database 11g
2 1 (4.76%) SAP HANA
2 1 (4.76%) SQL Server
2 1 (4.76%) SQL Server Analysis Services
2 1 (4.76%) SQL Server Integration Services
2 1 (4.76%) SQL Server Reporting Services
Development Applications
1 1 (4.76%) Ant
General
1 18 (85.71%) Finance
2 12 (57.14%) Banking
3 6 (28.57%) Financial Institution
4 5 (23.81%) Investment Banking
5 4 (19.05%) Back Office
6 2 (9.52%) Advertising
7 1 (4.76%) Billing
7 1 (4.76%) International Banking
7 1 (4.76%) Publishing
Job Titles
1 9 (42.86%) Consultant
2 7 (33.33%) Oracle Consultant
3 6 (28.57%) Functional Consultant
3 6 (28.57%) Oracle Financials Consultant
3 6 (28.57%) Oracle Financials Functional Consultant
3 6 (28.57%) Oracle Functional Consultant
4 5 (23.81%) Analyst
5 4 (19.05%) Business Analyst
5 4 (19.05%) Liquidity Business Analyst
5 4 (19.05%) Report Analyst
6 3 (14.29%) Regulatory Business Analyst
6 3 (14.29%) Regulatory Reporting Business Analyst
6 3 (14.29%) Tester
6 3 (14.29%) UAT Tester
7 2 (9.52%) Developer
7 2 (9.52%) SQL Developer
8 1 (4.76%) Finance Systems Manager
8 1 (4.76%) Implementation Consultant
8 1 (4.76%) Project Manager
8 1 (4.76%) Senior Developer
Miscellaneous
1 2 (9.52%) Analytical Skills
1 2 (9.52%) Reinsurance
2 1 (4.76%) Contract for Difference
2 1 (4.76%) Derivative
2 1 (4.76%) Equities
2 1 (4.76%) Fixed Income
2 1 (4.76%) Foreign Exchange (FX)
Operating Systems
1 1 (4.76%) Unix
Processes & Methodologies
1 4 (19.05%) IT Governance
1 4 (19.05%) Technical Analysis
2 3 (14.29%) Defect Management
2 3 (14.29%) E-business
2 3 (14.29%) User Acceptance Testing
3 2 (9.52%) Business Intelligence
3 2 (9.52%) Change Management
3 2 (9.52%) Translating Business Requirements
4 1 (4.76%) Agile Software Development
4 1 (4.76%) Business Analysis
4 1 (4.76%) Cost-Benefit Analysis
4 1 (4.76%) Data Analysis
4 1 (4.76%) ERP
4 1 (4.76%) Project Management
4 1 (4.76%) Project Planning
4 1 (4.76%) Revenue Management
Programming Languages
1 10 (47.62%) SQL
2 2 (9.52%) PL/SQL
3 1 (4.76%) Java
3 1 (4.76%) T-SQL
Qualifications
1 1 (4.76%) ACCA
1 1 (4.76%) CIMA
1 1 (4.76%) CIPFA
1 1 (4.76%) Security Cleared
Quality Assurance & Compliance
1 4 (19.05%) COREP
2 2 (9.52%) GAAP
3 1 (4.76%) Basel III
3 1 (4.76%) CRD IV
3 1 (4.76%) QA
Systems Management
1 2 (9.52%) HP Quality Center
Vendors
1 9 (42.86%) Oracle
2 1 (4.76%) CODA
2 1 (4.76%) Microsoft
2 1 (4.76%) NetSuite
2 1 (4.76%) PeopleSoft
2 1 (4.76%) SAP
2 1 (4.76%) Siebel