The table below looks at the statistics for GAAP skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited GAAP over the 3 months to 29 August 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
29 Aug 2014
Same period 2013 Same period 2012
Generally Accepted Accounting Principles (GAAP)
Rank 403 426 393
Rank change year-on-year
+23 -33
Contract jobs citing GAAP 11 5 14
As % of all contract IT jobs located in London 0.045% 0.020% 0.054%
As % of the Quality Assurance & Compliance category 0.58% 0.24% 0.66%
Number of daily rates quoted 8 3 7
Average daily rate
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£325 £425 £750
Average daily rate % change year-on-year
-23.52% -43.33%
UK excluding London average daily rate £250 £280 £500
% change year-on-year
-10.71% -44.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
GAAP
England

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised in the London region.

Quality Assurance & Compliance Category
London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
1904 2058 2128
As % of all contract IT jobs located in London 7.83% 8.23% 8.17%
Number of daily rates quoted 1304 1442 1460
Average daily rate £449 £475 £475
Average daily rate % change year-on-year
-5.52% -
90% offered a daily rate of more than £275 £300 £300
10% offered a daily rate of more than £600 £650 £650
UK excluding London average daily rate £375 £360 £360
% change year-on-year
+4.16% -
Number of hourly rates quoted 26 26 48
Average hourly rate £18.50 £20.50 £18.00
Average hourly rate % change year-on-year
-9.75% +13.88%
90% offered a hourly rate of more than £13.19 £13.13 £12.50
10% offered a hourly rate of more than £96.25 £66.25 £50.02
UK excluding London average hourly rate £19.75 £17.50 £21.25
% change year-on-year
+12.85% -17.64%

GAAP
Jobs Demand Trend in London

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

GAAP Jobs Demand Trend in London

GAAP
Daily Rate Trend in London

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

GAAP Daily Rate Trend in London

GAAP
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing GAAP across the London region over the 3 months to 29 August 2014.

GAAP Daily Rate Histogram in London

GAAP
Hourly Rate Trend in London

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

GAAP Hourly Rate Trend in London

GAAP
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing GAAP within the London region over the 3 months to 29 August 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Uxbridge - 2 £175 -
City of London +16 1 - -
GAAP
England

GAAP
Top 30 Related IT Skills in London

For the 6 months to 29 August 2014, IT contractor jobs across the 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 10 (71.43%) Finance
2 4 (28.57%) General Ledger
2 4 (28.57%) SAP
2 4 (28.57%) Oracle
3 3 (21.43%) SAP BW
3 3 (21.43%) Sarbanes-Oxley
3 3 (21.43%) Billing
3 3 (21.43%) SAP BPC
4 2 (14.29%) QA
4 2 (14.29%) Wealth Management
4 2 (14.29%) Data Extraction
4 2 (14.29%) Oracle General Ledger
4 2 (14.29%) Applix
4 2 (14.29%) Cognos TM1
4 2 (14.29%) CIMA
4 2 (14.29%) Migration
4 2 (14.29%) Banking
4 2 (14.29%) Asset Management
4 2 (14.29%) NetWeaver
4 2 (14.29%) ACCA
4 2 (14.29%) Project Management
4 2 (14.29%) OLAP
4 2 (14.29%) Business Intelligence
4 2 (14.29%) CA
4 2 (14.29%) Oracle Financials
4 2 (14.29%) Oracle 11i
4 2 (14.29%) Cognos
4 2 (14.29%) Data Warehouse
5 1 (7.14%) ERP
5 1 (7.14%) Risk Management

GAAP
Top Related IT Skills in London by Category

For the 6 months to 29 August 2014, IT contractor jobs across the 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.

Application Platforms
1 2 (14.29%) NetWeaver
Business Applications
1 3 (21.43%) SAP BPC
2 2 (14.29%) Oracle General Ledger
2 2 (14.29%) Cognos TM1
2 2 (14.29%) Oracle Financials
2 2 (14.29%) Oracle 11i
3 1 (7.14%) Oracle TCA
Database & Business Intelligence
1 3 (21.43%) SAP BW
2 2 (14.29%) OLAP
2 2 (14.29%) Data Warehouse
General
1 10 (71.43%) Finance
2 4 (28.57%) General Ledger
3 3 (21.43%) Billing
4 2 (14.29%) Banking
5 1 (7.14%) Legal
5 1 (7.14%) French Language
5 1 (7.14%) German Language
Job Titles
1 2 (14.29%) TM1 Developer
1 2 (14.29%) SAP BPC Consultant
1 2 (14.29%) Consultant
1 2 (14.29%) SAP Consultant
1 2 (14.29%) Developer
1 2 (14.29%) Analyst
2 1 (7.14%) Test Analyst
2 1 (7.14%) Business Analyst
2 1 (7.14%) Business Manager
2 1 (7.14%) Financial Analyst
Miscellaneous
1 2 (14.29%) Data Extraction
Processes & Methodologies
1 2 (14.29%) Wealth Management
1 2 (14.29%) Migration
1 2 (14.29%) Asset Management
1 2 (14.29%) Project Management
1 2 (14.29%) Business Intelligence
2 1 (7.14%) ERP
2 1 (7.14%) Risk Management
2 1 (7.14%) Test Automation
2 1 (7.14%) Financial Modelling
2 1 (7.14%) Time Management
Qualifications
1 2 (14.29%) CIMA
1 2 (14.29%) ACCA
2 1 (7.14%) Degree
Quality Assurance & Compliance
1 3 (21.43%) Sarbanes-Oxley
2 2 (14.29%) QA
3 1 (7.14%) FINREP
Vendors
1 4 (28.57%) SAP
1 4 (28.57%) Oracle
2 2 (14.29%) Applix
2 2 (14.29%) CA
2 2 (14.29%) Cognos
London
HFG
Rate: £700 - £900 per day
Posted: 3 days ago
London Bridge
Templeton and Partners - SAP & UK Account
Rate: £400 - 500 per day
Posted: 17 days ago
London
Progressive Recruitment
Rate: competitive
Posted: 25 days ago