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 December 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 Dec 2014
Same period 2013 Same period 2012
Generally Accepted Accounting Principles (GAAP)
Rank 367 417 379
Rank change year-on-year
+50 -38
Contract jobs citing GAAP 35 8 5
As % of all contract IT jobs located in London 0.15% 0.033% 0.023%
As % of the Quality Assurance & Compliance category 1.87% 0.42% 0.30%
Number of daily rates quoted 28 6 2
Average daily rate
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£500 £600 £463
Average daily rate % change year-on-year
-16.66% +29.72%
90% offered a daily rate of more than £375 £503 £293
10% offered a daily rate of more than £550 £638 £633
UK excluding London average daily rate £475 £475 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £45.00
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
1872 1897 1661
As % of all contract IT jobs located in London 8.09% 7.79% 7.76%
Number of daily rates quoted 1303 1345 1164
Average daily rate £450 £470 £450
Average daily rate % change year-on-year
-4.25% +4.44%
90% offered a daily rate of more than £250 £288 £275
10% offered a daily rate of more than £600 £675 £625
UK excluding London average daily rate £368 £350 £350
% change year-on-year
+5.00% -
Number of hourly rates quoted 36 22 41
Average hourly rate £20.50 £21.00 £22.00
Average hourly rate % change year-on-year
-2.38% -4.54%
90% offered a hourly rate of more than £14.60 £11.00 £13.50
10% offered a hourly rate of more than £48.50 £43.10 £82.40
UK excluding London average hourly rate £19.00 £18.70 £20.00
% change year-on-year
+1.60% -6.50%

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 December 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 December 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 +15 8 £425 -29.16% 1
GAAP
England

GAAP
Top 30 Related IT Skills in London

For the 6 months to 18 December 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 48 (94.12%) Finance
2 21 (41.18%) SAP
3 15 (29.41%) Data Warehouse
4 12 (23.53%) Oracle
5 11 (21.57%) General Ledger
6 10 (19.61%) Hyperion
7 9 (17.65%) SAP BW
7 9 (17.65%) NetWeaver
7 9 (17.65%) Oracle Financials
7 9 (17.65%) Project Management
7 9 (17.65%) TOWER Software
7 9 (17.65%) Data Extraction
7 9 (17.65%) Oracle General Ledger
7 9 (17.65%) SAP BPC
8 7 (13.73%) Banking
8 7 (13.73%) Oracle Receivables
8 7 (13.73%) ACCA
8 7 (13.73%) Oracle AGIS
8 7 (13.73%) Oracle FAH
9 6 (11.76%) Legal
9 6 (11.76%) Oracle EBS R12
9 6 (11.76%) CIMA
10 5 (9.80%) Applix
10 5 (9.80%) Cognos TM1
10 5 (9.80%) Asset Management
10 5 (9.80%) QA
10 5 (9.80%) Wealth Management
10 5 (9.80%) Cognos
10 5 (9.80%) Business Intelligence
10 5 (9.80%) OLAP

GAAP
Top Related IT Skills in London by Category

For the 6 months to 18 December 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 9 (17.65%) NetWeaver
Applications
1 1 (1.96%) MS Excel
Business Applications
1 9 (17.65%) Oracle Financials
1 9 (17.65%) Oracle General Ledger
1 9 (17.65%) SAP BPC
2 7 (13.73%) Oracle Receivables
2 7 (13.73%) Oracle AGIS
2 7 (13.73%) Oracle FAH
3 6 (11.76%) Oracle EBS R12
4 5 (9.80%) Cognos TM1
5 4 (7.84%) Oracle E-Business Tax
6 3 (5.88%) Oracle 11i
7 1 (1.96%) Oracle TCA
Database & Business Intelligence
1 15 (29.41%) Data Warehouse
2 9 (17.65%) SAP BW
3 5 (9.80%) OLAP
General
1 48 (94.12%) Finance
2 11 (21.57%) General Ledger
3 7 (13.73%) Banking
4 6 (11.76%) Legal
5 3 (5.88%) Billing
6 2 (3.92%) French Language
7 1 (1.96%) German Language
7 1 (1.96%) Manufacturing
Job Titles
1 15 (29.41%) Consultant
2 12 (23.53%) Solutions Architect
2 12 (23.53%) Architect
3 8 (15.69%) SAP BPC Consultant
3 8 (15.69%) SAP Consultant
4 7 (13.73%) Oracle Financials Consultant
4 7 (13.73%) Oracle Consultant
5 6 (11.76%) Analyst
6 5 (9.80%) Developer
6 5 (9.80%) TM1 Developer
7 3 (5.88%) Financial Analyst
8 2 (3.92%) Test Analyst
9 1 (1.96%) Report Manager
9 1 (1.96%) Solvency II Business Analyst
9 1 (1.96%) Cognos Developer
9 1 (1.96%) Senior Manager
9 1 (1.96%) Business Analyst
Miscellaneous
1 9 (17.65%) Data Extraction
2 2 (3.92%) Analytical Skills
3 1 (1.96%) FMCG
Processes & Methodologies
1 9 (17.65%) Project Management
2 5 (9.80%) Asset Management
2 5 (9.80%) Wealth Management
2 5 (9.80%) Business Intelligence
3 3 (5.88%) Migration
3 3 (5.88%) Risk Management
3 3 (5.88%) ERP
4 2 (3.92%) Process Management
5 1 (1.96%) Business Process Mapping
5 1 (1.96%) Financial Modelling
5 1 (1.96%) Time Management
5 1 (1.96%) Data Migration
5 1 (1.96%) Data Cleansing
5 1 (1.96%) Test Automation
5 1 (1.96%) Enterprise Architecture
5 1 (1.96%) Validation
Programming Languages
1 4 (7.84%) SQL
2 1 (1.96%) PL/SQL
Qualifications
1 7 (13.73%) ACCA
2 6 (11.76%) CIMA
3 2 (3.92%) Degree
3 2 (3.92%) SC Cleared
3 2 (3.92%) DV Cleared
3 2 (3.92%) Security Cleared
4 1 (1.96%) ISTQB Advanced Certification
4 1 (1.96%) ISTQB
4 1 (1.96%) ICAEW
Quality Assurance & Compliance
1 5 (9.80%) QA
2 3 (5.88%) Sarbanes-Oxley
3 1 (1.96%) Solvency II
Vendors
1 21 (41.18%) SAP
2 12 (23.53%) Oracle
3 10 (19.61%) Hyperion
4 9 (17.65%) TOWER Software
5 5 (9.80%) Applix
5 5 (9.80%) Cognos
6 2 (3.92%) CA
7 1 (1.96%) Microsoft
7 1 (1.96%) Sun