The table below looks at the statistics for GAAP skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited GAAP over the 3 months to 19 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
19 Dec 2014
Same period 2013 Same period 2012
Generally Accepted Accounting Principles (GAAP)
Rank 556 570 547
Rank change year-on-year
+14 -23
Contract jobs citing GAAP 39 12 10
As % of all contract IT jobs located in the UK 0.071% 0.023% 0.020%
As % of the Quality Assurance & Compliance category 0.93% 0.32% 0.27%
Number of daily rates quoted 30 10 2
Average daily rate
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£500 £503 £463
Average daily rate % change year-on-year
-0.49% +8.64%
90% offered a daily rate of more than £375 £433 £293
10% offered a daily rate of more than £550 £608 £633
UK excluding London average daily rate £475 £463 -
% change year-on-year
+2.70% -
Number of hourly rates quoted 0 0 2
Average hourly rate - - £45.00
UK excluding London average hourly rate - - £45.00

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised across the UK.

Quality Assurance & Compliance Category
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category
4182 3770 3661
As % of all contract IT jobs located in the UK 7.58% 7.31% 7.38%
Number of daily rates quoted 2614 2270 2114
Average daily rate £400 £413 £400
Average daily rate % change year-on-year
-3.03% +3.12%
90% offered a daily rate of more than £215 £245 £225
10% offered a daily rate of more than £591 £600 £600
UK excluding London average daily rate £368 £350 £350
% change year-on-year
+5.00% -
Number of hourly rates quoted 182 126 241
Average hourly rate £19.00 £18.63 £20.50
Average hourly rate % change year-on-year
+2.01% -9.14%
90% offered a hourly rate of more than £10.75 £11.00 £11.50
10% offered a hourly rate of more than £45.00 £44.00 £45.00
UK excluding London average hourly rate £18.75 £18.55 £20.00
% change year-on-year
+1.07% -7.25%

GAAP
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing GAAP within the UK as a proportion of the total demand within the Quality Assurance & Compliance category.

GAAP Jobs Demand Trend in the UK

GAAP
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing GAAP within the UK.

GAAP Daily Rate Trend in the UK

GAAP
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing GAAP within the UK over the 3 months to 19 December 2014.

GAAP Daily Rate Histogram in the UK

GAAP
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing GAAP within the UK.

GAAP Hourly Rate Trend in the UK

GAAP
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing GAAP within the UK over the 3 months to 19 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
England -3 39 £500 -0.49% 4
London +43 36 £500 -16.66% 4
City of London +12 8 £425 -29.16% 2
South East -21 2 - -
Hampshire - 2 - -
Surrey - - - -
Southampton - - - -

GAAP
Top 30 Related IT Skills

For the 6 months to 19 December 2014, IT contractor jobs within the UK 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 54 (94.74%) Finance
2 22 (38.60%) SAP
3 17 (29.82%) Data Warehouse
4 13 (22.81%) Oracle
5 11 (19.30%) Hyperion
5 11 (19.30%) General Ledger
6 10 (17.54%) TOWER Software
6 10 (17.54%) Project Management
7 9 (15.79%) SAP BW
7 9 (15.79%) NetWeaver
7 9 (15.79%) Oracle Financials
7 9 (15.79%) Data Extraction
7 9 (15.79%) SAP BPC
7 9 (15.79%) Oracle General Ledger
8 8 (14.04%) Banking
8 8 (14.04%) ACCA
9 7 (12.28%) CIMA
9 7 (12.28%) Oracle AGIS
9 7 (12.28%) Oracle FAH
9 7 (12.28%) Oracle Receivables
10 6 (10.53%) Oracle EBS R12
10 6 (10.53%) Asset Management
10 6 (10.53%) Applix
10 6 (10.53%) Cognos TM1
10 6 (10.53%) Wealth Management
10 6 (10.53%) Business Intelligence
10 6 (10.53%) OLAP
10 6 (10.53%) Cognos
10 6 (10.53%) Legal
11 5 (8.77%) Sarbanes-Oxley

GAAP
Top Related IT Skills by Category

For the 6 months to 19 December 2014, IT contractor jobs within the UK 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 (15.79%) NetWeaver
Applications
1 2 (3.51%) MS Excel
2 1 (1.75%) MS Office
Business Applications
1 9 (15.79%) Oracle Financials
1 9 (15.79%) SAP BPC
1 9 (15.79%) Oracle General Ledger
2 7 (12.28%) Oracle AGIS
2 7 (12.28%) Oracle FAH
2 7 (12.28%) Oracle Receivables
3 6 (10.53%) Oracle EBS R12
3 6 (10.53%) Cognos TM1
4 4 (7.02%) Oracle E-Business Tax
5 3 (5.26%) Oracle 11i
6 1 (1.75%) Oracle TCA
Database & Business Intelligence
1 17 (29.82%) Data Warehouse
2 9 (15.79%) SAP BW
3 6 (10.53%) OLAP
General
1 54 (94.74%) Finance
2 11 (19.30%) General Ledger
3 8 (14.04%) Banking
4 6 (10.53%) Legal
5 3 (5.26%) Billing
6 2 (3.51%) French Language
7 1 (1.75%) Manufacturing
7 1 (1.75%) German Language
7 1 (1.75%) Telecoms
Job Titles
1 16 (28.07%) Consultant
2 13 (22.81%) Solutions Architect
2 13 (22.81%) Architect
3 8 (14.04%) SAP BPC Consultant
3 8 (14.04%) SAP Consultant
4 7 (12.28%) Oracle Financials Consultant
4 7 (12.28%) Oracle Consultant
5 6 (10.53%) TM1 Developer
5 6 (10.53%) Developer
5 6 (10.53%) Analyst
6 3 (5.26%) Financial Analyst
7 2 (3.51%) Test Analyst
8 1 (1.75%) Report Manager
8 1 (1.75%) Senior Manager
8 1 (1.75%) Business Analyst
8 1 (1.75%) Junior
8 1 (1.75%) Solvency II Business Analyst
8 1 (1.75%) Junior Consultant
8 1 (1.75%) Cognos Developer
Miscellaneous
1 9 (15.79%) Data Extraction
2 2 (3.51%) Analytical Skills
3 1 (1.75%) FMCG
Processes & Methodologies
1 10 (17.54%) Project Management
2 6 (10.53%) Asset Management
2 6 (10.53%) Wealth Management
2 6 (10.53%) Business Intelligence
3 3 (5.26%) ERP
3 3 (5.26%) Migration
3 3 (5.26%) Risk Management
4 2 (3.51%) Process Management
5 1 (1.75%) Test Automation
5 1 (1.75%) Business Process Mapping
5 1 (1.75%) Validation
5 1 (1.75%) Financial Modelling
5 1 (1.75%) Continuous Improvement
5 1 (1.75%) Time Management
5 1 (1.75%) Data Migration
5 1 (1.75%) Data Cleansing
5 1 (1.75%) Enterprise Architecture
Programming Languages
1 4 (7.02%) SQL
2 1 (1.75%) PL/SQL
Qualifications
1 8 (14.04%) ACCA
2 7 (12.28%) CIMA
3 2 (3.51%) Degree
3 2 (3.51%) SC Cleared
3 2 (3.51%) DV Cleared
3 2 (3.51%) Security Cleared
4 1 (1.75%) ISTQB Advanced Certification
4 1 (1.75%) ISTQB
4 1 (1.75%) ICAEW
Quality Assurance & Compliance
1 5 (8.77%) Sarbanes-Oxley
1 5 (8.77%) QA
2 1 (1.75%) Solvency II
Vendors
1 22 (38.60%) SAP
2 13 (22.81%) Oracle
3 11 (19.30%) Hyperion
4 10 (17.54%) TOWER Software
5 6 (10.53%) Applix
5 6 (10.53%) Cognos
6 2 (3.51%) Microsoft
7 1 (1.75%) Sun
7 1 (1.75%) CA
City, London
JM
Rate: £1 per day
Posted: Yesterday