The table below looks at the statistics for GAAP skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited GAAP over the 3 months to 17 January 2017 with a comparison to the same period over 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.

3 months to
17 Jan 2017
Same period 2016 Same period 2015
Generally Accepted Accounting Principles (GAAP)
UK
Rank 582 599 576
Rank change year-on-year
+17 -23
Contract jobs citing GAAP 13 19 36
As % of all contract IT jobs located in the UK 0.029% 0.038% 0.072%
As % of the Quality Assurance & Compliance category 0.30% 0.37% 0.77%
Number of daily rates quoted 10 13 26
Median daily rate £363 £500 £500
Median daily rate % change year-on-year
-27.50% -
90% offered a daily rate of more than £175 £340 £375
10% offered a daily rate of more than £502 £600 £550
UK excluding London median daily rate £450 £340 -
% change year-on-year
+32.35% -
Number of hourly rates quoted 3 0 0
Median hourly rate £30.00 - -
UK excluding London median hourly rate £30.00 - -

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
4383 5100 4654
As % of all contract IT jobs located in the UK 9.79% 10.22% 9.33%
Number of daily rates quoted 2823 3140 2885
Median daily rate £450 £425 £400
Median daily rate % change year-on-year
+5.88% +6.25%
90% offered a daily rate of more than £275 £268 £220
10% offered a daily rate of more than £625 £600 £580
UK excluding London median daily rate £403 £400 £375
% change year-on-year
+0.62% +6.66%
Number of hourly rates quoted 151 199 173
Median hourly rate £25.00 £40.00 £22.00
Median hourly rate % change year-on-year
-37.50% +81.81%
90% offered a hourly rate of more than £11.30 £14.00 £11.45
10% offered a hourly rate of more than £47.50 £60.98 £47.50
UK excluding London median hourly rate £23.34 £41.75 £24.50
% change year-on-year
-44.09% +70.40%

GAAP
Jobs Demand Trend

The demand trend of contract jobs citing GAAP as a proportion of all IT contracts with a match in 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 January 2017.

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 median contractor rates quoted in IT jobs citing GAAP within the UK over the 3 months to 17 January 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +8 13 £363 -27.50% 1
South East +19 8 £450 +32.35% 1
Berkshire +10 8 £450 +32.35% 1
London +4 5 £275 -50.00%
Bracknell - 4 £200 -
Reading +6 1 £275 -19.11% 1
City of London -6 1 £500 -16.66%

GAAP
Top 30 Related IT Skills

For the 6 months to 17 January 2017, IT contractor jobs citing GAAP also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for GAAP.

1 27 (77.14%) Finance
2 11 (31.43%) Analytical Skills
3 9 (25.71%) MS Excel
3 9 (25.71%) Microsoft
4 6 (17.14%) Project Management
4 6 (17.14%) Oracle
5 5 (14.29%) SAP
5 5 (14.29%) ERP
5 5 (14.29%) Foreign Exchange (FX)
5 5 (14.29%) Degree
5 5 (14.29%) Telecoms
5 5 (14.29%) Oracle Fusion
6 4 (11.43%) Oracle EBS R12
6 4 (11.43%) Financial Analysis
6 4 (11.43%) Procure-to-Pay
6 4 (11.43%) Oracle Procure-to-Pay
6 4 (11.43%) Oracle Receivables
6 4 (11.43%) Oracle Assets
6 4 (11.43%) Oracle FAH
6 4 (11.43%) Line Management
6 4 (11.43%) Revenue Recognition
6 4 (11.43%) Record to Report
6 4 (11.43%) Equities
6 4 (11.43%) Oracle ERP
6 4 (11.43%) Fixed Income
6 4 (11.43%) Banking
6 4 (11.43%) Security Cleared
6 4 (11.43%) Economics
6 4 (11.43%) Derivative
6 4 (11.43%) Legal

GAAP
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 9 (25.71%) MS Excel
2 1 (2.86%) MS Office
2 1 (2.86%) MS PowerPoint
Business Applications
1 4 (11.43%) Oracle Assets
1 4 (11.43%) Oracle EBS
1 4 (11.43%) Oracle EBS R12
1 4 (11.43%) Oracle ERP
1 4 (11.43%) Oracle FAH
1 4 (11.43%) Oracle Procure-to-Pay
1 4 (11.43%) Oracle Receivables
2 2 (5.71%) Oracle Financials
3 1 (2.86%) Unit4 Business World
Database & Business Intelligence
1 3 (8.57%) Data Warehouse
1 3 (8.57%) SQL Server
1 3 (8.57%) SQL Server Integration Services
1 3 (8.57%) SQL Server Reporting Services
2 1 (2.86%) Essbase
General
1 27 (77.14%) Finance
2 5 (14.29%) Telecoms
3 4 (11.43%) Banking
3 4 (11.43%) Legal
4 1 (2.86%) Financial Institution
Job Titles
1 21 (60.00%) Analyst
2 15 (42.86%) Financial Analyst
3 7 (20.00%) Business Analyst
3 7 (20.00%) Programme Manager
4 4 (11.43%) Oracle Programme Manager
4 4 (11.43%) Pricing Analyst
4 4 (11.43%) Product Analyst
4 4 (11.43%) Product Business Analyst
4 4 (11.43%) Product Control Business Analyst
5 3 (8.57%) Data Warehouse Developer
5 3 (8.57%) Developer
5 3 (8.57%) ETL Developer
5 3 (8.57%) SQL Developer
5 3 (8.57%) SQL Server Data Warehouse Developer
5 3 (8.57%) SQL Server Developer
5 3 (8.57%) SSIS Developer
5 3 (8.57%) Telecoms Analyst
5 3 (8.57%) T-SQL Developer
6 2 (5.71%) Banking Business Analyst
6 2 (5.71%) Process Analyst
Libraries, Frameworks & Software Standards
1 5 (14.29%) Oracle Fusion
Miscellaneous
1 11 (31.43%) Analytical Skills
2 5 (14.29%) Foreign Exchange (FX)
3 4 (11.43%) Derivative
3 4 (11.43%) Economics
3 4 (11.43%) Equities
3 4 (11.43%) Fixed Income
4 1 (2.86%) Data Centre
Processes & Methodologies
1 6 (17.14%) Project Management
2 5 (14.29%) ERP
3 4 (11.43%) Financial Analysis
3 4 (11.43%) Line Management
3 4 (11.43%) Procure-to-Pay
3 4 (11.43%) Record to Report
3 4 (11.43%) Revenue Recognition
4 3 (8.57%) Business Intelligence
4 3 (8.57%) Database Security
4 3 (8.57%) ETL
4 3 (8.57%) Performance Tuning
4 3 (8.57%) Process Improvement
4 3 (8.57%) Unit Testing
5 2 (5.71%) Agile Project Management
5 2 (5.71%) Agile Software Development
5 2 (5.71%) Analytics
5 2 (5.71%) Mentoring
5 2 (5.71%) Stakeholder Management
5 2 (5.71%) User Stories
6 1 (2.86%) Asset Management
Programming Languages
1 4 (11.43%) SQL
2 3 (8.57%) T-SQL
3 2 (5.71%) C
Qualifications
1 5 (14.29%) Degree
2 4 (11.43%) ACCA
2 4 (11.43%) Security Cleared
3 3 (8.57%) CIMA
4 2 (5.71%) APMP
4 2 (5.71%) BPSS Clearance
5 1 (2.86%) MBA
Quality Assurance & Compliance
1 2 (5.71%) Sarbanes-Oxley
Vendors
1 9 (25.71%) Microsoft
2 6 (17.14%) Oracle
3 5 (14.29%) SAP
4 1 (2.86%) Hyperion
Reading, Berkshire
Michael Bailey Associates
Rate: Market Rates
Posted: 5 days ago