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 1 May 2015 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
1 May 2015
Same period 2014 Same period 2013
Generally Accepted Accounting Principles (GAAP)
Rank 391 403 382
Rank change year-on-year
+12 -21
Contract jobs citing GAAP 17 3 3
As % of all contract IT jobs located in London 0.076% 0.013% 0.014%
As % of the Quality Assurance & Compliance category 0.99% 0.15% 0.16%
Number of daily rates quoted 16 1 1
Average daily rate
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£513 £500 £185
Average daily rate % change year-on-year
+2.50% +170.27%
UK excluding London average daily rate £550 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £17.00 £26.50
% change year-on-year
- -35.84%
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
1722 1991 1829
As % of all contract IT jobs located in London 7.70% 8.54% 8.31%
Number of daily rates quoted 1192 1421 1241
Average daily rate £451 £450 £475
Average daily rate % change year-on-year
+0.22% -5.26%
90% offered a daily rate of more than £280 £288 £285
10% offered a daily rate of more than £625 £625 £650
UK excluding London average daily rate £375 £365 £338
% change year-on-year
+2.73% +8.14%
Number of hourly rates quoted 16 32 38
Average hourly rate £20.00 £21.25 £23.75
Average hourly rate % change year-on-year
-5.88% -10.52%
90% offered a hourly rate of more than £11.20 £14.50 £13.38
10% offered a hourly rate of more than £103.00 £64.25 £135.00
UK excluding London average hourly rate £22.50 £20.06 £15.00
% change year-on-year
+12.14% +33.75%

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 1 May 2015.

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 1 May 2015. 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 +3 2 £450 - 2
GAAP
England

GAAP
Top 30 Related IT Skills in London

For the 6 months to 1 May 2015, 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 57 (100.00%) Finance
2 21 (36.84%) Data Warehouse
3 20 (35.09%) SQL
4 14 (24.56%) Oracle
4 14 (24.56%) SAP
5 11 (19.30%) Cognos
5 11 (19.30%) Oracle General Ledger
6 10 (17.54%) Solvency II
6 10 (17.54%) Enterprise Data Warehouse
6 10 (17.54%) PL/SQL
6 10 (17.54%) Business Intelligence
7 9 (15.79%) Oracle Financials
7 9 (15.79%) Oracle AGIS
7 9 (15.79%) Oracle FAH
7 9 (15.79%) Analytical Skills
7 9 (15.79%) Oracle Receivables
8 8 (14.04%) Oracle EBS R12
8 8 (14.04%) Cognos TM1
8 8 (14.04%) Hyperion
8 8 (14.04%) Sun
9 7 (12.28%) TOWER Software
9 7 (12.28%) Data Cleansing
10 6 (10.53%) Cognos Business Intelligence
10 6 (10.53%) Project Management
11 5 (8.77%) ACCA
11 5 (8.77%) Migration
11 5 (8.77%) ISTQB
11 5 (8.77%) Data Migration
11 5 (8.77%) ISTQB Advanced Certification
12 4 (7.02%) Oracle E-Business Tax

GAAP
Top Related IT Skills in London by Category

For the 6 months to 1 May 2015, 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 3 (5.26%) NetWeaver
Applications
1 2 (3.51%) MS Excel
Business Applications
1 11 (19.30%) Oracle General Ledger
2 9 (15.79%) Oracle Financials
2 9 (15.79%) Oracle AGIS
2 9 (15.79%) Oracle FAH
2 9 (15.79%) Oracle Receivables
3 8 (14.04%) Oracle EBS R12
3 8 (14.04%) Cognos TM1
4 6 (10.53%) Cognos Business Intelligence
5 4 (7.02%) Oracle E-Business Tax
6 3 (5.26%) Cognos Controller
6 3 (5.26%) SAP FI-GL
6 3 (5.26%) SAP BPC
7 1 (1.75%) Oracle 11i
Communications & Networking
1 1 (1.75%) FTP
Database & Business Intelligence
1 21 (36.84%) Data Warehouse
2 10 (17.54%) Enterprise Data Warehouse
3 4 (7.02%) Data Mart
4 3 (5.26%) SAP BW
5 2 (3.51%) SQL Server 2008
5 2 (3.51%) SQL Server Analysis Services
5 2 (3.51%) SQL Server Integration Services
5 2 (3.51%) Microsoft Analysis Services
5 2 (3.51%) SQL Server Reporting Services
5 2 (3.51%) Data Mining
5 2 (3.51%) SQL Server
5 2 (3.51%) OLAP
General
1 57 (100.00%) Finance
2 4 (7.02%) Legal
2 4 (7.02%) Banking
2 4 (7.02%) General Ledger
3 1 (1.75%) Investment Banking
3 1 (1.75%) Billing
3 1 (1.75%) Manufacturing
3 1 (1.75%) French Language
Job Titles
1 25 (43.86%) Analyst
2 14 (24.56%) Consultant
3 11 (19.30%) Business Analyst
4 10 (17.54%) Test Analyst
5 9 (15.79%) Solutions Architect
5 9 (15.79%) Architect
5 9 (15.79%) Oracle Financials Consultant
5 9 (15.79%) Oracle Consultant
6 6 (10.53%) Insurance Business Analyst
7 4 (7.02%) Financial Analyst
7 4 (7.02%) Developer
8 3 (5.26%) Financial Business Analyst
8 3 (5.26%) SAP Consultant
8 3 (5.26%) SAP BPC Consultant
9 2 (3.51%) TM1 Developer
9 2 (3.51%) SQL Developer
9 2 (3.51%) Data Consultant
9 2 (3.51%) Business Intelligence Developer
9 2 (3.51%) Data Analyst
10 1 (1.75%) Business Process Analyst
Miscellaneous
1 9 (15.79%) Analytical Skills
2 3 (5.26%) Data Extraction
3 1 (1.75%) Hedge funds
Processes & Methodologies
1 10 (17.54%) Business Intelligence
2 7 (12.28%) Data Cleansing
3 6 (10.53%) Project Management
4 5 (8.77%) Migration
4 5 (8.77%) Data Migration
5 4 (7.02%) Investment Management
5 4 (7.02%) Business Analysis
6 3 (5.26%) Asset Management
6 3 (5.26%) User Acceptance Testing
7 2 (3.51%) Dimensional Modelling
7 2 (3.51%) Wealth Management
7 2 (3.51%) ETL
8 1 (1.75%) ERP
8 1 (1.75%) Data Modelling
8 1 (1.75%) Process Management
8 1 (1.75%) Enterprise Architecture
8 1 (1.75%) Risk Management
8 1 (1.75%) Business Development
8 1 (1.75%) Stakeholder Engagement
Programming Languages
1 20 (35.09%) SQL
2 10 (17.54%) PL/SQL
3 2 (3.51%) T-SQL
Qualifications
1 5 (8.77%) ACCA
1 5 (8.77%) ISTQB
1 5 (8.77%) ISTQB Advanced Certification
2 4 (7.02%) CIMA
3 1 (1.75%) ICAEW
3 1 (1.75%) Degree
3 1 (1.75%) SC Cleared
3 1 (1.75%) DV Cleared
3 1 (1.75%) Security Cleared
Quality Assurance & Compliance
1 10 (17.54%) Solvency II
2 1 (1.75%) Sarbanes-Oxley
2 1 (1.75%) QA
Vendors
1 14 (24.56%) Oracle
1 14 (24.56%) SAP
2 11 (19.30%) Cognos
3 8 (14.04%) Hyperion
3 8 (14.04%) Sun
4 7 (12.28%) TOWER Software
5 4 (7.02%) IBM
6 3 (5.26%) Microsoft
7 2 (3.51%) Applix
8 1 (1.75%) CA
8 1 (1.75%) JD Edwards
City, London
Eames Consulting
Rate: Up to £450 per day
Posted: 3 days ago
Uxbridge, Middlesex
Randstad Strategic Accounts
Rate: £325 - £350 per day
Posted: 5 days ago
City of London
Orgtel
Rate: £400 per day
Posted: 25 days ago