Finance Contracts in the City of Westminster

Financial
Central London > City of Westminster

The table below looks at the prevalence of the term Finance in contract job vacancies advertised in the City of Westminster. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Finance over the 6 months to 5 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
5 May 2024
Same period 2023 Same period 2022
Rank 5 6 10
Rank change year-on-year +1 +4 -
Contract jobs citing Finance 8 7 2
As % of all contract jobs advertised in the City of Westminster 18.18% 18.42% 6.25%
As % of the General category 40.00% 29.17% 11.76%
Number of daily rates quoted 7 6 1
10th Percentile £424 £209 -
25th Percentile £547 £223 £719
Median daily rate (50th Percentile) £700 £265 £738
Median % change year-on-year +164.15% -64.07% -
75th Percentile £811 £542 £756
90th Percentile £835 £738 -
Central London median daily rate £600 £650 £575
% change year-on-year -7.69% +13.04% +4.55%

All General Skills
City of Westminster

Finance is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of Westminster with a requirement for common skills.

Contract vacancies with a requirement for common skills 20 24 17
As % of all contract IT jobs advertised in the City of Westminster 45.45% 63.16% 53.13%
Number of daily rates quoted 16 16 14
10th Percentile £400 £221 £186
25th Percentile £506 £269 £216
Median daily rate (50th Percentile) £663 £435 £450
Median % change year-on-year +52.30% -3.33% -10.00%
75th Percentile £831 £631 £723
90th Percentile £994 £850 £867
Central London median daily rate £556 £600 £570
% change year-on-year -7.29% +5.26% +6.05%

Finance
Job Vacancy Trend in the City of Westminster

Job postings citing Finance as a proportion of all IT jobs advertised in the City of Westminster.

Job vacancy trend for Finance in the City of Westminster

Finance
Contractor Daily Rate Trend in the City of Westminster

3-month moving average daily rate quoted in jobs citing Finance in the City of Westminster.

Daily rate trend for Finance in the City of Westminster

Finance
Daily Rate Histogram in the City of Westminster

Daily rate distribution for jobs citing Finance in the City of Westminster over the 6 months to 5 May 2024.

Daily rate histogram for Finance in the City of Westminster

Finance
Contractor Hourly Rate Trend in the City of Westminster

3-month moving average hourly rates quoted in jobs citing Finance in the City of Westminster.

Hourly rate trend for Finance in the City of Westminster

Finance
Contract Job Locations in the City of Westminster

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Finance within the City of Westminster region over the 6 months to 5 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Mayfair +1 5 £750 -6.25%
Paddington - 2 £700 - 1
Westminster +2 1 £275 +12.24% 3
Finance
Central London

Finance
Co-occurring Skills and Capabilities in the City of Westminster by Category

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

Application Platforms
1 1 (12.50%) CMS
Applications
1 1 (12.50%) Microsoft Excel
1 1 (12.50%) Microsoft Office
Business Applications
1 1 (12.50%) SAP MDM
1 1 (12.50%) SAP S/4HANA
Cloud Services
1 2 (25.00%) AWS
2 1 (12.50%) Asana
2 1 (12.50%) Snowflake
Database & Business Intelligence
1 1 (12.50%) Amazon RDS
1 1 (12.50%) MongoDB
1 1 (12.50%) MySQL
1 1 (12.50%) NoSQL
1 1 (12.50%) PostgreSQL
1 1 (12.50%) RDBMS
1 1 (12.50%) Relational Database
1 1 (12.50%) SQL Server
General
1 3 (37.50%) Social Skills
2 1 (12.50%) Analytical Skills
2 1 (12.50%) Documentation Skills
2 1 (12.50%) Influencing Skills
Job Titles
1 3 (37.50%) Developer
2 2 (25.00%) Java Developer
2 2 (25.00%) Project Manager
3 1 (12.50%) Analyst
3 1 (12.50%) Architect
3 1 (12.50%) Business Analyst
3 1 (12.50%) Data Architect
3 1 (12.50%) Data Quality Specialist
3 1 (12.50%) Database Developer
3 1 (12.50%) Digital Project Manager
3 1 (12.50%) ETL Developer
3 1 (12.50%) Finance Project Manager
3 1 (12.50%) Lead Developer
3 1 (12.50%) MiFID Project Manager
3 1 (12.50%) Report Analyst
3 1 (12.50%) Senior Developer
3 1 (12.50%) Senior Java Developer
3 1 (12.50%) SQL Database Developer
3 1 (12.50%) SQL Developer
3 1 (12.50%) SQL Reporting Analyst
Libraries, Frameworks & Software Standards
1 1 (12.50%) Spring
Miscellaneous
1 5 (62.50%) Hedge funds
2 1 (12.50%) Data Structures
2 1 (12.50%) Equities
2 1 (12.50%) Greenfield Project
2 1 (12.50%) Onboarding
Processes & Methodologies
1 2 (25.00%) Re-Platforming
1 2 (25.00%) Roadmaps
1 2 (25.00%) Stakeholder Management
2 1 (12.50%) Business Intelligence
2 1 (12.50%) Change Management
2 1 (12.50%) Code Quality
2 1 (12.50%) CRM
2 1 (12.50%) Customer Experience
2 1 (12.50%) Data Modelling
2 1 (12.50%) Decision-Making
2 1 (12.50%) DevOps
2 1 (12.50%) ETL
2 1 (12.50%) Microservices
2 1 (12.50%) Quality Management
2 1 (12.50%) Regtech
2 1 (12.50%) Requirements Gathering
2 1 (12.50%) Service Delivery
2 1 (12.50%) Technical Analysis
2 1 (12.50%) Translating Business Requirements
2 1 (12.50%) Validation
Programming Languages
1 2 (25.00%) Java
1 2 (25.00%) SQL
2 1 (12.50%) PowerShell
2 1 (12.50%) T-SQL
2 1 (12.50%) VBA
Quality Assurance & Compliance
1 1 (12.50%) Data Quality
1 1 (12.50%) GDPR
1 1 (12.50%) MiFID
1 1 (12.50%) QA
Vendors
1 1 (12.50%) Microsoft
1 1 (12.50%) SAP
1 1 (12.50%) Virgin Media