Financial Analyst Contracts

Finance Analyst
UK

The median Finance Analyst daily rate in the UK is £550 according to job vacancies posted during the 6 months to 28 April 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
28 Apr 2024
Same period 2023 Same period 2022
Rank 345 359 427
Rank change year-on-year +14 +68 +29
Contract jobs requiring a Financial Analyst 257 400 502
As % of all contract jobs advertised in the UK 0.59% 0.67% 0.57%
As % of the Job Titles category 0.64% 0.71% 0.59%
Number of daily rates quoted 180 323 368
10th Percentile £313 £350 £320
25th Percentile £475 £450 £413
Median daily rate (50th Percentile) £550 £538 £530
Median % change year-on-year +2.33% +1.42% +6.00%
75th Percentile £663 £664 £619
90th Percentile £788 £738 £670
UK excluding London median daily rate £500 £450 £413
% change year-on-year +11.11% +9.09% -3.51%
Number of hourly rates quoted 4 0 0
10th Percentile £14.20 - -
25th Percentile £16.00 - -
Median hourly rate £19.22 - -
75th Percentile £22.63 - -
90th Percentile - - -
UK excluding London median hourly rate £19.22 - -

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in the UK with a recognized job title 40,181 56,479 84,762
% of contract IT jobs with a recognized job title 92.77% 94.61% 95.48%
Number of daily rates quoted 26,164 39,476 59,482
10th Percentile £275 £313 £313
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £731
UK excluding London median daily rate £491 £500 £475
% change year-on-year -1.87% +5.26% +11.76%
Number of hourly rates quoted 2,646 1,570 2,098
10th Percentile £12.86 £14.29 £12.50
25th Percentile £16.30 £19.49 £15.50
Median hourly rate £35.96 £45.00 £23.03
Median % change year-on-year -20.10% +95.42% +0.12%
75th Percentile £60.00 £65.75 £48.75
90th Percentile £72.50 £75.75 £63.16
UK excluding London median hourly rate £37.75 £42.50 £19.50
% change year-on-year -11.18% +117.95% +2.55%

Financial Analyst
Job Vacancy Trend

Job postings that featured Financial Analyst in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Financial Analyst in the UK

Financial Analyst
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Financial Analyst.

Daily rate trend for Financial Analyst in the UK

Financial Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Financial Analyst over the 6 months to 28 April 2024.

Daily rate histogram for Financial Analyst in the UK

Financial Analyst
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Financial Analyst.

Hourly rate trend for Financial Analyst in the UK

Financial Analyst
Top 14 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Analyst within the UK over the 6 months to 28 April 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
England +17 237 £550 - 79
London +47 189 £563 -4.26% 46
Work from Home +88 112 £625 +25.00% 27
UK excluding London +15 57 £500 +11.11% 34
South East -5 24 £363 +3.57% 13
Scotland +40 11 £525 +5.00% 2
Midlands +21 11 £525 -2.33% 2
West Midlands +27 8 £525 -3.45%
North of England +12 7 £406 -20.34% 10
North West +24 3 - - 6
East Midlands +17 3 - - 2
Yorkshire +2 3 £406 -21.88% 2
South West +14 2 - - 4
North East +21 1 - - 2

Financial Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 28 April 2024, Financial Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Financial Analyst in the job title.

1 257 (100.00%) Finance
2 88 (34.24%) Banking
3 67 (26.07%) SQL
4 65 (25.29%) Social Skills
5 54 (21.01%) Asset Management
6 52 (20.23%) Investment Management
7 50 (19.46%) Derivative
8 49 (19.07%) Front Office
9 47 (18.29%) Python
10 46 (17.90%) Agile
11 45 (17.51%) Hedge funds
12 38 (14.79%) Business Analysis
13 37 (14.40%) ERP
14 36 (14.01%) Analytical Skills
15 32 (12.45%) Oracle
16 29 (11.28%) Stakeholder Management
17 28 (10.89%) Back Office
17 28 (10.89%) Foreign Exchange (FX)
18 27 (10.51%) Microsoft Excel
19 26 (10.12%) Product Ownership
19 26 (10.12%) Analytics
20 25 (9.73%) AWS
20 25 (9.73%) Migration
21 23 (8.95%) Fixed Income
21 23 (8.95%) Equities
21 23 (8.95%) SAP
21 23 (8.95%) Business Intelligence
21 23 (8.95%) Artificial Intelligence
21 23 (8.95%) Machine Learning
21 23 (8.95%) Problem-Solving

Financial Analyst Skill Set
Co-occurring Skills and Capabilities 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 (2.72%) SharePoint
2 3 (1.17%) Oracle Workflow
3 2 (0.78%) Apache
4 1 (0.39%) Apache Airflow
4 1 (0.39%) Apache Spark
4 1 (0.39%) Confluence
4 1 (0.39%) JBoss
4 1 (0.39%) nginx
4 1 (0.39%) SAS
4 1 (0.39%) Tomcat
Applications
1 27 (10.51%) Microsoft Excel
2 9 (3.50%) Microsoft Office
3 4 (1.56%) Microsoft PowerPoint
4 3 (1.17%) Spreadsheet
5 1 (0.39%) MS Visio
Business Applications
1 11 (4.28%) Aladdin
2 9 (3.50%) Oracle Financials
2 9 (3.50%) SAP S/4HANA
3 7 (2.72%) Oracle EBS
3 7 (2.72%) Oracle EBS R12
3 7 (2.72%) Oracle General Ledger
3 7 (2.72%) Oracle Payables
4 6 (2.33%) Oracle Assets
5 5 (1.95%) Oracle Receivables
5 5 (1.95%) Oracle Subledger Accounting
6 4 (1.56%) Oracle Procure-to-Pay
7 3 (1.17%) Oracle Cash Management
8 2 (0.78%) Oracle ERP
8 2 (0.78%) Oracle FAH
9 1 (0.39%) Oracle Applications
9 1 (0.39%) Oracle iProcurement
9 1 (0.39%) SAP CO
9 1 (0.39%) SAP FI
9 1 (0.39%) SAP FI/CO
9 1 (0.39%) Unit4 Business World
Cloud Services
1 25 (9.73%) AWS
2 14 (5.45%) Power Platform
3 7 (2.72%) Azure
4 6 (2.33%) Microsoft 365
5 5 (1.95%) Dynamics 365
5 5 (1.95%) SaaS
6 4 (1.56%) Collibra
7 2 (0.78%) Asana
7 2 (0.78%) Azure Pipelines
7 2 (0.78%) dbt
7 2 (0.78%) OCI
7 2 (0.78%) Slack
8 1 (0.39%) IaaS
8 1 (0.39%) Power Automate
8 1 (0.39%) PowerApps
8 1 (0.39%) SuccessFactors
8 1 (0.39%) WhatsApp
Communications & Networking
1 3 (1.17%) Wireless
2 2 (0.78%) PuTTY
2 2 (0.78%) VPN
3 1 (0.39%) DNS
3 1 (0.39%) Firewall
3 1 (0.39%) Internet
Database & Business Intelligence
1 14 (5.45%) Power BI
2 4 (1.56%) Data Warehouse
2 4 (1.56%) Tableau
3 3 (1.17%) Metadata
3 3 (1.17%) Oracle Reports
4 2 (0.78%) Azure SQL Database
4 2 (0.78%) Data Lake
4 2 (0.78%) Data Mart
4 2 (0.78%) SAP HANA
4 2 (0.78%) SQL Server Analysis Services
4 2 (0.78%) SQL Server Integration Services
4 2 (0.78%) SQL Server Reporting Services
5 1 (0.39%) Data Mining
5 1 (0.39%) Hadoop
5 1 (0.39%) Oracle BI Publisher
5 1 (0.39%) QlikView
5 1 (0.39%) RDBMS
5 1 (0.39%) SAP BW
5 1 (0.39%) SAS Enterprise Guide
5 1 (0.39%) SQL Server
Development Applications
1 8 (3.11%) JIRA
2 3 (1.17%) Toad
General
1 257 (100.00%) Finance
2 88 (34.24%) Banking
3 65 (25.29%) Social Skills
4 49 (19.07%) Front Office
5 36 (14.01%) Analytical Skills
6 28 (10.89%) Back Office
7 20 (7.78%) Investment Banking
8 14 (5.45%) Telecoms
9 10 (3.89%) General Ledger
10 8 (3.11%) Billing
10 8 (3.11%) Organisational Skills
11 7 (2.72%) Legal
11 7 (2.72%) Public Sector
12 5 (1.95%) Inclusion and Diversity
12 5 (1.95%) Retail
13 4 (1.56%) Presentation Skills
14 3 (1.17%) Marketing
15 2 (0.78%) Corporate Banking
15 2 (0.78%) Financial Institution
15 2 (0.78%) Influencing Skills
Libraries, Frameworks & Software Standards
1 3 (1.17%) Oracle Fusion
2 2 (0.78%) Swagger
2 2 (0.78%) XML
3 1 (0.39%) FIX Protocol
3 1 (0.39%) FIXML
3 1 (0.39%) IBM Integration Bus
3 1 (0.39%) JSON
3 1 (0.39%) Middleware
3 1 (0.39%) SAP Fiori
Miscellaneous
1 50 (19.46%) Derivative
2 45 (17.51%) Hedge funds
3 28 (10.89%) Foreign Exchange (FX)
4 26 (10.12%) Product Ownership
5 23 (8.95%) Equities
5 23 (8.95%) Fixed Income
6 8 (3.11%) Management Information System
7 6 (2.33%) Onboarding
8 5 (1.95%) Greenfield Project
9 3 (1.17%) iPad
9 3 (1.17%) iPhone
9 3 (1.17%) Online Banking
9 3 (1.17%) SWIFT Messaging Network
10 2 (0.78%) Data Structures
10 2 (0.78%) Distributed Computing
10 2 (0.78%) FMCG
10 2 (0.78%) Legacy Systems
10 2 (0.78%) Self-Motivation
10 2 (0.78%) Taxonomies
10 2 (0.78%) Video Conferencing
Operating Systems
1 6 (2.33%) Windows
2 3 (1.17%) Apple iOS
2 3 (1.17%) Unix
3 1 (0.39%) Linux
3 1 (0.39%) Red Hat Enterprise Linux
3 1 (0.39%) Windows Server
Processes & Methodologies
1 54 (21.01%) Asset Management
2 52 (20.23%) Investment Management
3 46 (17.90%) Agile
4 38 (14.79%) Business Analysis
5 37 (14.40%) ERP
6 29 (11.28%) Stakeholder Management
7 26 (10.12%) Analytics
8 25 (9.73%) Migration
9 23 (8.95%) Artificial Intelligence
9 23 (8.95%) Business Intelligence
9 23 (8.95%) Machine Learning
9 23 (8.95%) Problem-Solving
10 22 (8.56%) Mentoring
11 21 (8.17%) Roadmaps
11 21 (8.17%) User Stories
12 18 (7.00%) Data Migration
12 18 (7.00%) Requirements Gathering
13 16 (6.23%) Data Analysis
14 14 (5.45%) GAP Analysis
14 14 (5.45%) Process Improvement
Programming Languages
1 67 (26.07%) SQL
2 47 (18.29%) Python
3 20 (7.78%) C#
4 2 (0.78%) C++
4 2 (0.78%) PL/SQL
5 1 (0.39%) Java
5 1 (0.39%) PowerShell
5 1 (0.39%) Scala
5 1 (0.39%) Shell Script
5 1 (0.39%) VB
5 1 (0.39%) VBA
Qualifications
1 17 (6.61%) Degree
2 14 (5.45%) CIMA
2 14 (5.45%) Security Cleared
3 13 (5.06%) ACCA
3 13 (5.06%) SC Cleared
4 9 (3.50%) ICAEW
5 2 (0.78%) BPSS Clearance
5 2 (0.78%) CISA
5 2 (0.78%) CISM
5 2 (0.78%) CISSP
5 2 (0.78%) ISEB
5 2 (0.78%) Numerate Degree
6 1 (0.39%) Computer Science Degree
6 1 (0.39%) ISTQB
6 1 (0.39%) ISTQB Foundation Certification
6 1 (0.39%) Master's Degree
6 1 (0.39%) Oracle Certification
Quality Assurance & Compliance
1 14 (5.45%) Data Quality
1 14 (5.45%) GAAP
2 12 (4.67%) IFRS
3 11 (4.28%) PMO
4 8 (3.11%) QA
5 4 (1.56%) EMIR
5 4 (1.56%) MiFID
6 2 (0.78%) IFRS 17
6 2 (0.78%) IFRS 9
7 1 (0.39%) Actionable Recommendations
7 1 (0.39%) GDPR
System Software
1 5 (1.95%) Active Directory
Systems Management
1 3 (1.17%) SCCM
Vendors
1 32 (12.45%) Oracle
2 23 (8.95%) SAP
3 20 (7.78%) Microsoft
4 14 (5.45%) Bloomberg
5 11 (4.28%) BISAM
6 3 (1.17%) Apple
6 3 (1.17%) Salesforce
6 3 (1.17%) ServiceNow
7 2 (0.78%) Cadence
7 2 (0.78%) Databricks
7 2 (0.78%) Microgen
7 2 (0.78%) Palo Alto
7 2 (0.78%) Refinitiv
7 2 (0.78%) Workday
7 2 (0.78%) Zscaler
8 1 (0.39%) Anaplan
8 1 (0.39%) Concur
8 1 (0.39%) OpenText
8 1 (0.39%) Planview
8 1 (0.39%) Splunk