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 18 September 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
18 Sep 2014
Same period 2013 Same period 2012
Generally Accepted Accounting Principles (GAAP)
Rank 413 421 390
Rank change year-on-year
+8 -31
Contract jobs citing GAAP 16 4 18
As % of all contract IT jobs located in London 0.065% 0.016% 0.070%
As % of the Quality Assurance & Compliance category 0.84% 0.19% 0.85%
Number of daily rates quoted 13 1 11
Average daily rate
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£360 £425 £675
Average daily rate % change year-on-year
-15.29% -37.03%
90% offered a daily rate of more than £216 £425 £425
10% offered a daily rate of more than £550 £425 £750
UK excluding London average daily rate £173 £280 £356
% change year-on-year
-38.39% -21.40%
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
1912 2074 2121
As % of all contract IT jobs located in London 7.82% 8.38% 8.22%
Number of daily rates quoted 1323 1436 1466
Average daily rate £438 £475 £475
Average daily rate % change year-on-year
-7.89% -
90% offered a daily rate of more than £275 £288 £290
10% offered a daily rate of more than £600 £650 £625
UK excluding London average daily rate £375 £355 £363
% change year-on-year
+5.63% -2.06%
Number of hourly rates quoted 31 23 50
Average hourly rate £18.00 £20.00 £18.00
Average hourly rate % change year-on-year
-10.00% +11.11%
90% offered a hourly rate of more than £12.50 £13.97 £12.50
10% offered a hourly rate of more than £37.50 £67.00 £50.00
UK excluding London average hourly rate £20.00 £17.50 £21.00
% change year-on-year
+14.28% -16.66%

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 18 September 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 18 September 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
City of London +21 1 - - 1
GAAP
England

GAAP
Top 30 Related IT Skills in London

For the 6 months to 18 September 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 14 (77.78%) Finance
2 7 (38.89%) General Ledger
2 7 (38.89%) SAP
3 6 (33.33%) SAP BW
3 6 (33.33%) SAP BPC
4 5 (27.78%) QA
4 5 (27.78%) Data Extraction
4 5 (27.78%) NetWeaver
5 4 (22.22%) Oracle
6 3 (16.67%) Project Management
7 2 (11.11%) CIMA
7 2 (11.11%) Risk Management
7 2 (11.11%) Banking
7 2 (11.11%) Asset Management
7 2 (11.11%) Billing
7 2 (11.11%) Sarbanes-Oxley
7 2 (11.11%) OLAP
7 2 (11.11%) ACCA
7 2 (11.11%) Oracle Financials
7 2 (11.11%) Oracle 11i
7 2 (11.11%) Cognos
7 2 (11.11%) Data Warehouse
7 2 (11.11%) ERP
7 2 (11.11%) Business Intelligence
7 2 (11.11%) CA
7 2 (11.11%) Oracle General Ledger
7 2 (11.11%) Wealth Management
7 2 (11.11%) Applix
7 2 (11.11%) Cognos TM1
7 2 (11.11%) Migration

GAAP
Top Related IT Skills in London by Category

For the 6 months to 18 September 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 5 (27.78%) NetWeaver
Business Applications
1 6 (33.33%) SAP BPC
2 2 (11.11%) Oracle Financials
2 2 (11.11%) Oracle 11i
2 2 (11.11%) Cognos TM1
2 2 (11.11%) Oracle General Ledger
3 1 (5.56%) Oracle TCA
Database & Business Intelligence
1 6 (33.33%) SAP BW
2 2 (11.11%) OLAP
2 2 (11.11%) Data Warehouse
General
1 14 (77.78%) Finance
2 7 (38.89%) General Ledger
3 2 (11.11%) Banking
3 2 (11.11%) Billing
4 1 (5.56%) Legal
4 1 (5.56%) French Language
4 1 (5.56%) German Language
Job Titles
1 5 (27.78%) Consultant
1 5 (27.78%) SAP Consultant
1 5 (27.78%) SAP BPC Consultant
2 3 (16.67%) Analyst
3 2 (11.11%) Business Analyst
3 2 (11.11%) Developer
3 2 (11.11%) TM1 Developer
4 1 (5.56%) Solvency II Business Analyst
4 1 (5.56%) Test Analyst
4 1 (5.56%) Business Manager
4 1 (5.56%) Financial Analyst
Miscellaneous
1 5 (27.78%) Data Extraction
2 1 (5.56%) FMCG
2 1 (5.56%) Analytical Skills
Processes & Methodologies
1 3 (16.67%) Project Management
2 2 (11.11%) ERP
2 2 (11.11%) Business Intelligence
2 2 (11.11%) Migration
2 2 (11.11%) Asset Management
2 2 (11.11%) Wealth Management
2 2 (11.11%) Risk Management
3 1 (5.56%) Validation
3 1 (5.56%) Time Management
3 1 (5.56%) Financial Modelling
3 1 (5.56%) Test Automation
3 1 (5.56%) Process Management
Qualifications
1 2 (11.11%) ACCA
1 2 (11.11%) CIMA
Quality Assurance & Compliance
1 5 (27.78%) QA
2 2 (11.11%) Sarbanes-Oxley
3 1 (5.56%) Solvency II
3 1 (5.56%) FINREP
Vendors
1 7 (38.89%) SAP
2 4 (22.22%) Oracle
3 2 (11.11%) Cognos
3 2 (11.11%) CA
3 2 (11.11%) Applix
London
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Posted: 22 days ago