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 6 March 2015 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
6 Mar 2015
Same period 2014 Same period 2013
Generally Accepted Accounting Principles (GAAP)
Rank 558 545 533
Rank change year-on-year
-13 -12
Contract jobs citing GAAP 24 14 7
As % of all contract IT jobs located in the UK 0.047% 0.028% 0.016%
As % of the Quality Assurance & Compliance category 0.60% 0.36% 0.22%
Number of daily rates quoted 16 8 1
Average daily rate
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£450 £463 £185
Average daily rate % change year-on-year
-2.70% +150.00%
UK excluding London average daily rate £550 £463 -
% change year-on-year
+18.91% -
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
3984 3882 3231
As % of all contract IT jobs located in the UK 7.82% 7.87% 7.22%
Number of daily rates quoted 2327 2288 1830
Average daily rate £400 £405 £400
Average daily rate % change year-on-year
-1.23% +1.25%
90% offered a daily rate of more than £225 £245 £225
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £383 £368 £338
% change year-on-year
+4.08% +8.88%
Number of hourly rates quoted 129 151 190
Average hourly rate £19.50 £16.50 £20.00
Average hourly rate % change year-on-year
+18.18% -17.50%
90% offered a hourly rate of more than £11.00 £10.76 £10.50
10% offered a hourly rate of more than £47.54 £40.60 £49.00
UK excluding London average hourly rate £19.00 £16.75 £20.00
% change year-on-year
+13.43% -16.25%

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 6 March 2015.

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 6 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 6 March 2015. 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 -14 24 £450 -2.70% 5
London +10 21 £450 +1.40% 4
City of London +21 9 £430 +12.78% 2
South East -13 1 £550 +18.91%
Berkshire - 1 £550 -
Slough - - - -

GAAP
Top 30 Related IT Skills

For the 6 months to 6 March 2015, 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 61 (96.83%) Finance
2 20 (31.75%) SAP
2 20 (31.75%) Data Warehouse
3 14 (22.22%) SQL
4 12 (19.05%) Cognos
5 11 (17.46%) Hyperion
5 11 (17.46%) Oracle
6 10 (15.87%) TOWER Software
6 10 (15.87%) Analytical Skills
7 9 (14.29%) Oracle Receivables
7 9 (14.29%) Oracle AGIS
7 9 (14.29%) Oracle FAH
7 9 (14.29%) Oracle General Ledger
7 9 (14.29%) Cognos TM1
7 9 (14.29%) Oracle Financials
7 9 (14.29%) PL/SQL
7 9 (14.29%) Business Intelligence
7 9 (14.29%) Project Management
8 8 (12.70%) Sun
8 8 (12.70%) ACCA
8 8 (12.70%) Oracle EBS R12
8 8 (12.70%) Data Cleansing
9 7 (11.11%) Solvency II
9 7 (11.11%) Legal
9 7 (11.11%) General Ledger
9 7 (11.11%) Banking
9 7 (11.11%) CIMA
10 6 (9.52%) ISTQB
10 6 (9.52%) SAP BW
10 6 (9.52%) NetWeaver

GAAP
Top Related IT Skills by Category

For the 6 months to 6 March 2015, 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 6 (9.52%) NetWeaver
Applications
1 2 (3.17%) MS Excel
2 1 (1.59%) Spreadsheet
Business Applications
1 9 (14.29%) Oracle Financials
1 9 (14.29%) Cognos TM1
1 9 (14.29%) Oracle General Ledger
1 9 (14.29%) Oracle Receivables
1 9 (14.29%) Oracle AGIS
1 9 (14.29%) Oracle FAH
2 8 (12.70%) Oracle EBS R12
3 6 (9.52%) SAP BPC
4 5 (7.94%) Cognos Business Intelligence
5 4 (6.35%) Oracle E-Business Tax
6 3 (4.76%) Cognos Controller
7 1 (1.59%) Oracle 11i
7 1 (1.59%) SAP ERP
Database & Business Intelligence
1 20 (31.75%) Data Warehouse
2 6 (9.52%) SAP BW
3 4 (6.35%) OLAP
4 3 (4.76%) Data Mart
5 2 (3.17%) Data Mining
General
1 61 (96.83%) Finance
2 7 (11.11%) Legal
2 7 (11.11%) Banking
2 7 (11.11%) General Ledger
3 1 (1.59%) French Language
3 1 (1.59%) Billing
3 1 (1.59%) Investment Banking
3 1 (1.59%) Manufacturing
Job Titles
1 18 (28.57%) Analyst
2 17 (26.98%) Consultant
3 13 (20.63%) Architect
3 13 (20.63%) Solutions Architect
4 9 (14.29%) Test Analyst
4 9 (14.29%) Oracle Financials Consultant
4 9 (14.29%) Oracle Consultant
5 6 (9.52%) Financial Analyst
6 5 (7.94%) SAP Consultant
6 5 (7.94%) SAP BPC Consultant
7 4 (6.35%) TM1 Developer
7 4 (6.35%) Developer
8 3 (4.76%) Business Analyst
9 2 (3.17%) Data Analyst
9 2 (3.17%) Data Consultant
10 1 (1.59%) Senior Financial Analyst
10 1 (1.59%) Report Manager
10 1 (1.59%) Solvency II Business Analyst
10 1 (1.59%) Audit Manager
10 1 (1.59%) Financial Business Analyst
Miscellaneous
1 10 (15.87%) Analytical Skills
2 6 (9.52%) Data Extraction
3 1 (1.59%) FMCG
3 1 (1.59%) Hedge funds
Processes & Methodologies
1 9 (14.29%) Business Intelligence
1 9 (14.29%) Project Management
2 8 (12.70%) Data Cleansing
3 5 (7.94%) Data Migration
3 5 (7.94%) Migration
3 5 (7.94%) Asset Management
4 4 (6.35%) Wealth Management
5 3 (4.76%) User Acceptance Testing
5 3 (4.76%) ERP
6 2 (3.17%) Process Management
6 2 (3.17%) Risk Management
7 1 (1.59%) Validation
7 1 (1.59%) Business Analysis
7 1 (1.59%) Enterprise Architecture
7 1 (1.59%) Business Development
7 1 (1.59%) Business Process Mapping
7 1 (1.59%) Investment Management
7 1 (1.59%) Time Management
Programming Languages
1 14 (22.22%) SQL
2 9 (14.29%) PL/SQL
Qualifications
1 8 (12.70%) ACCA
2 7 (11.11%) CIMA
3 6 (9.52%) ISTQB Advanced Certification
3 6 (9.52%) ISTQB
4 2 (3.17%) Degree
4 2 (3.17%) SC Cleared
4 2 (3.17%) DV Cleared
4 2 (3.17%) Security Cleared
5 1 (1.59%) VCP4
5 1 (1.59%) ICAEW
Quality Assurance & Compliance
1 7 (11.11%) Solvency II
2 3 (4.76%) QA
3 2 (3.17%) Sarbanes-Oxley
Vendors
1 20 (31.75%) SAP
2 12 (19.05%) Cognos
3 11 (17.46%) Hyperion
3 11 (17.46%) Oracle
4 10 (15.87%) TOWER Software
5 8 (12.70%) Sun
6 4 (6.35%) Applix
6 4 (6.35%) IBM
7 1 (1.59%) Microsoft
7 1 (1.59%) CA
London
HFG
Rate: £450 - £460 per day
Posted: 14 days ago
City of London
Real Staffing
Rate: £275 - £300 per day + competitive
Posted: 25 days ago
Manchester
Real Staffing
Rate: £300 - £400 per day
Posted: 25 days ago
City of London
Real Staffing
Rate: £300 per day
Posted: 25 days ago