IFRS Contracts in the UK excluding London

International Financial Reporting Standards (IFRS)
UK > UK excluding London

The following table provides summary statistics for contract job vacancies advertised in the UK excluding London with a requirement for IFRS skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFRS over the 6 months to 11 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
11 May 2024
Same period 2023 Same period 2022
Rank 360 432 479
Rank change year-on-year +72 +47 -68
Contract jobs citing IFRS 30 11 28
As % of all contract jobs advertised in the UK excluding London 0.15% 0.047% 0.092%
As % of the Quality Assurance & Compliance category 0.99% 0.32% 0.64%
Number of daily rates quoted 12 4 15
10th Percentile £400 £330 £418
25th Percentile £541 £356 £485
Median daily rate (50th Percentile) £588 £473 £613
Median % change year-on-year +24.34% -22.86% +18.07%
75th Percentile £600 £591 £675
90th Percentile - £619 £770
UK median daily rate £600 £650 £600
% change year-on-year -7.69% +8.33% +4.35%

All Quality Assurance and Compliance Skills
UK excluding London

IFRS is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the UK excluding London with a requirement for quality assurance or compliance skills.

Contract vacancies with a requirement for quality assurance or compliance skills 3,030 3,453 4,407
As % of all contract IT jobs advertised in the UK excluding London 14.79% 14.78% 14.49%
Number of daily rates quoted 1,787 2,311 3,023
10th Percentile £250 £220 £204
25th Percentile £363 £363 £338
Median daily rate (50th Percentile) £484 £480 £450
Median % change year-on-year +0.83% +6.56% +5.88%
75th Percentile £588 £588 £572
90th Percentile £688 £675 £650
UK median daily rate £513 £525 £513
% change year-on-year -2.38% +2.44% +7.89%
Number of hourly rates quoted 308 188 205
10th Percentile £10.95 £13.11 £11.50
25th Percentile £12.72 £18.07 £15.63
Median hourly rate £18.19 £32.94 £22.50
Median % change year-on-year -44.78% +46.41% +6.89%
75th Percentile £45.00 £60.50 £48.58
90th Percentile £68.75 £77.50 £69.05
UK median hourly rate £21.06 £35.00 £30.00
% change year-on-year -39.84% +16.67% +42.86%

IFRS
Job Vacancy Trend in the UK excluding London

Job postings citing IFRS as a proportion of all IT jobs advertised in the UK excluding London.

Job vacancy trend for IFRS in the UK excluding London

IFRS
Contractor Daily Rate Trend in the UK excluding London

3-month moving average daily rate quoted in jobs citing IFRS in the UK excluding London.

Daily rate trend for IFRS in the UK excluding London

IFRS
Daily Rate Histogram in the UK excluding London

Daily rate distribution for jobs citing IFRS in the UK excluding London over the 6 months to 11 May 2024.

Daily rate histogram for IFRS in the UK excluding London

IFRS
Contractor Hourly Rate Trend in the UK excluding London

3-month moving average hourly rates quoted in jobs citing IFRS in the UK excluding London.

Hourly rate trend for IFRS in the UK excluding London

IFRS
Contract Job Locations in the UK excluding London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IFRS within the UK excluding London region over the 6 months to 11 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
South East +39 23 £600 +72.66% 13
Scotland +44 2 £415 -27.83% 4
Midlands +27 2 £650 - 6
East of England - 2 £550 - 3
East Midlands +19 1 £650 - 2
West Midlands +15 1 - - 4
Yorkshire - 1 £525 - 4
North of England - 1 £525 - 10
IFRS
UK

IFRS
Co-occurring Skills and Capabilities in the UK excluding London 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 7 (23.33%) SAS
2 2 (6.67%) Confluence
Business Applications
1 2 (6.67%) SAP SD
Cloud Services
1 1 (3.33%) Power Platform
Database & Business Intelligence
1 1 (3.33%) Power BI
Development Applications
1 2 (6.67%) JIRA
General
1 26 (86.67%) Finance
2 4 (13.33%) Telecoms
3 3 (10.00%) Analytical Skills
3 3 (10.00%) Retail
4 1 (3.33%) Banking
4 1 (3.33%) Corporate Banking
4 1 (3.33%) General Ledger
4 1 (3.33%) Public Sector
4 1 (3.33%) Social Skills
Job Titles
1 12 (40.00%) Analyst
2 10 (33.33%) Financial Analyst
3 7 (23.33%) Consultant
3 7 (23.33%) SAP Consultant
4 4 (13.33%) Data Modeller
5 3 (10.00%) SAS Modeller
6 2 (6.67%) Credit Risk Modeller
6 2 (6.67%) Developer
6 2 (6.67%) Finance Manager
6 2 (6.67%) SAS Developer
7 1 (3.33%) Business Analyst
7 1 (3.33%) Credit Risk Developer
7 1 (3.33%) Data Analyst
7 1 (3.33%) Finance Project Manager
7 1 (3.33%) Finance Systems Analyst
7 1 (3.33%) Project Manager
7 1 (3.33%) Report Analyst
7 1 (3.33%) Risk Manager
7 1 (3.33%) Systems Analyst
7 1 (3.33%) Testing Analyst
Miscellaneous
1 9 (30.00%) Credit Risk
Processes & Methodologies
1 8 (26.67%) Analytics
1 8 (26.67%) Stress Testing
2 6 (20.00%) Data Modelling
2 6 (20.00%) Portfolio Management
3 5 (16.67%) Migration
3 5 (16.67%) Requirements Workshops
3 5 (16.67%) Revenue Recognition
3 5 (16.67%) Stakeholder Engagement
4 3 (10.00%) Agile
4 3 (10.00%) Internal Audit
4 3 (10.00%) Validation
5 2 (6.67%) Data Analysis
5 2 (6.67%) Data Cleansing
5 2 (6.67%) Kanban
5 2 (6.67%) Project Management
5 2 (6.67%) Scrum
6 1 (3.33%) Business Analytics
6 1 (3.33%) Defect Management
6 1 (3.33%) Fund Accounting
6 1 (3.33%) System Testing
Programming Languages
1 4 (13.33%) SQL
Qualifications
1 9 (30.00%) ICAEW
2 1 (3.33%) ACCA
2 1 (3.33%) CIMA
2 1 (3.33%) DV Cleared
2 1 (3.33%) SC Cleared
2 1 (3.33%) Security Cleared
Quality Assurance & Compliance
1 10 (33.33%) IFRS 9
2 9 (30.00%) GAAP
3 1 (3.33%) Basel III
3 1 (3.33%) COREP
3 1 (3.33%) FINREP
3 1 (3.33%) IFRS 17
3 1 (3.33%) Solvency II
Vendors
1 7 (23.33%) SAP
2 2 (6.67%) Salesforce