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 17 September 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
17 Sep 2014
Same period 2013 Same period 2012
Generally Accepted Accounting Principles (GAAP)
Rank 577 565 576
Rank change year-on-year
-12 +11
Contract jobs citing GAAP 19 17 20
As % of all contract IT jobs located in the UK 0.034% 0.032% 0.034%
As % of the Quality Assurance & Compliance category 0.43% 0.43% 0.44%
Number of daily rates quoted 14 10 13
Average daily rate
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£340 £304 £650
Average daily rate % change year-on-year
+11.84% -53.23%
90% offered a daily rate of more than £175 £264 £255
10% offered a daily rate of more than £550 £380 £750
UK excluding London average daily rate £173 £280 £356
% change year-on-year
-38.39% -21.40%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -

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
4378 3957 4592
As % of all contract IT jobs located in the UK 7.73% 7.50% 7.84%
Number of daily rates quoted 2652 2317 2551
Average daily rate £400 £425 £425
Average daily rate % change year-on-year
-5.88% -
90% offered a daily rate of more than £225 £250 £240
10% offered a daily rate of more than £563 £620 £600
UK excluding London average daily rate £375 £358 £365
% change year-on-year
+4.89% -2.05%
Number of hourly rates quoted 213 162 241
Average hourly rate £19.50 £17.50 £20.00
Average hourly rate % change year-on-year
+11.42% -12.50%
90% offered a hourly rate of more than £12.00 £10.50 £11.00
10% offered a hourly rate of more than £45.00 £37.40 £41.40
UK excluding London average hourly rate £20.00 £17.50 £21.00
% change year-on-year
+14.28% -16.66%

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 17 September 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 3 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 17 September 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 -17 18 £340 +11.84% 5
London +25 16 £360 -15.29% 3
City of London +20 1 - - 1

GAAP
Top 30 Related IT Skills

For the 6 months to 17 September 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 20 (74.07%) Finance
2 9 (33.33%) SAP
3 7 (25.93%) General Ledger
4 6 (22.22%) SAP BPC
4 6 (22.22%) Oracle
4 6 (22.22%) SAP BW
5 5 (18.52%) NetWeaver
5 5 (18.52%) Sarbanes-Oxley
5 5 (18.52%) QA
5 5 (18.52%) Data Extraction
6 3 (11.11%) Oracle General Ledger
6 3 (11.11%) Billing
6 3 (11.11%) CIMA
6 3 (11.11%) CA
6 3 (11.11%) ACCA
6 3 (11.11%) Project Management
6 3 (11.11%) Oracle 11i
7 2 (7.41%) Business Intelligence
7 2 (7.41%) SAP FI
7 2 (7.41%) OLAP
7 2 (7.41%) Oracle Financials
7 2 (7.41%) Cognos
7 2 (7.41%) Data Warehouse
7 2 (7.41%) ERP
7 2 (7.41%) Migration
7 2 (7.41%) SAP FI/CO
7 2 (7.41%) Risk Management
7 2 (7.41%) Banking
7 2 (7.41%) SAP CO
7 2 (7.41%) Applix

GAAP
Top Related IT Skills by Category

For the 6 months to 17 September 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 5 (18.52%) NetWeaver
Applications
1 1 (3.70%) MS Office
1 1 (3.70%) MS Excel
Business Applications
1 6 (22.22%) SAP BPC
2 3 (11.11%) Oracle General Ledger
2 3 (11.11%) Oracle 11i
3 2 (7.41%) SAP FI
3 2 (7.41%) Oracle Financials
3 2 (7.41%) SAP FI/CO
3 2 (7.41%) SAP CO
3 2 (7.41%) Cognos TM1
4 1 (3.70%) Oracle Payables
4 1 (3.70%) Oracle Cash Management
4 1 (3.70%) Oracle TCA
4 1 (3.70%) Dynamics AX
Database & Business Intelligence
1 6 (22.22%) SAP BW
2 2 (7.41%) OLAP
2 2 (7.41%) Data Warehouse
General
1 20 (74.07%) Finance
2 7 (25.93%) General Ledger
3 3 (11.11%) Billing
4 2 (7.41%) Banking
4 2 (7.41%) German Language
5 1 (3.70%) French Language
5 1 (3.70%) Retail
5 1 (3.70%) Telecoms
5 1 (3.70%) Legal
Job Titles
1 8 (29.63%) Consultant
2 7 (25.93%) SAP Consultant
3 5 (18.52%) SAP BPC Consultant
4 3 (11.11%) Analyst
5 2 (7.41%) SAP FI/CO Consultant
5 2 (7.41%) Business Analyst
5 2 (7.41%) Developer
5 2 (7.41%) TM1 Developer
6 1 (3.70%) Solvency II Business Analyst
6 1 (3.70%) Dynamics AX Consultant
6 1 (3.70%) Senior SAP Consultant
6 1 (3.70%) Financial Analyst
6 1 (3.70%) SAP CO Consultant
6 1 (3.70%) SAP FI Consultant
6 1 (3.70%) Business Manager
6 1 (3.70%) Test Analyst
6 1 (3.70%) Senior Consultant
6 1 (3.70%) Functional Consultant
Libraries, Frameworks & Software Standards
1 1 (3.70%) VML
Miscellaneous
1 5 (18.52%) Data Extraction
2 2 (7.41%) FMCG
3 1 (3.70%) Analytical Skills
Processes & Methodologies
1 3 (11.11%) Project Management
2 2 (7.41%) Business Intelligence
2 2 (7.41%) ERP
2 2 (7.41%) Migration
2 2 (7.41%) Risk Management
2 2 (7.41%) Asset Management
2 2 (7.41%) Wealth Management
3 1 (3.70%) Continuous Improvement
3 1 (3.70%) Time Management
3 1 (3.70%) Financial Modelling
3 1 (3.70%) Test Automation
3 1 (3.70%) Cash Management
3 1 (3.70%) GAP Analysis
3 1 (3.70%) Process Management
3 1 (3.70%) Validation
Qualifications
1 3 (11.11%) CIMA
1 3 (11.11%) ACCA
Quality Assurance & Compliance
1 5 (18.52%) Sarbanes-Oxley
1 5 (18.52%) QA
2 1 (3.70%) FINREP
2 1 (3.70%) Solvency II
Vendors
1 9 (33.33%) SAP
2 6 (22.22%) Oracle
3 3 (11.11%) CA
4 2 (7.41%) Cognos
4 2 (7.41%) Applix
5 1 (3.70%) Microsoft
London
HFG
Rate: £700 - £900 per day
Posted: 21 days ago