The first table below looks at the demand 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 28 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category.

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
28 Jul 2014
Same period 2013 Same period 2012
Generally Accepted Accounting Principles (GAAP)
Rank 590 553 568
Rank change year-on-year
-37 +15
Contract jobs citing GAAP 14 12 15
As % of all contract IT jobs located in the UK 0.026% 0.023% 0.026%
As % of the Quality Assurance & Compliance category 0.33% 0.31% 0.34%
Number of daily rates quoted 10 6 9
Average daily rate
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£320 £338 £650
Average daily rate % change year-on-year
-5.18% -48.07%
90% offered a daily rate of more than £175 £273 £302
10% offered a daily rate of more than £380 £505 £750
UK excluding London average daily rate £250 £328 £325
% change year-on-year
-23.66% +0.76%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category
4290 3854 4392
As % of all contract IT jobs located in the UK 7.85% 7.54% 7.58%
Number of daily rates quoted 2592 2297 2340
Average daily rate £400 £425 £425
Average daily rate % change year-on-year
-5.88% -
90% offered a daily rate of more than £230 £270 £246
10% offered a daily rate of more than £550 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 201 147 252
Average hourly rate £20.35 £19.00 £18.68
Average hourly rate % change year-on-year
+7.11% +1.74%
90% offered a hourly rate of more than £12.50 £10.00 £11.00
10% offered a hourly rate of more than £42.85 £42.50 £38.60
UK excluding London average hourly rate £20.50 £17.50 £19.00
% change year-on-year
+17.14% -7.89%

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 28 July 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 10 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 28 July 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 -6 13 £323 -4.44% 10
London +16 9 £325 -20.48% 9
Uxbridge - 2 £175 -
South East -28 1 £173 -38.39% 1
Basingstoke - 1 £173 -
Hampshire - 1 £173 - 1
West Yorkshire - - - -
Yorkshire - - - -
City of London - - - - 3
Halifax - - - -

GAAP
Top 30 Related IT Skills

For the 6 months to 28 July 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 13 (61.90%) Finance
2 7 (33.33%) SAP
3 5 (23.81%) Oracle
3 5 (23.81%) Sarbanes-Oxley
4 4 (19.05%) SAP FI/CO
4 4 (19.05%) SAP FI
4 4 (19.05%) SAP CO
4 4 (19.05%) Billing
5 3 (14.29%) General Ledger
5 3 (14.29%) Oracle General Ledger
5 3 (14.29%) ACCA
5 3 (14.29%) Oracle 11i
5 3 (14.29%) CA
5 3 (14.29%) CIMA
6 2 (9.52%) Migration
6 2 (9.52%) Telecoms
6 2 (9.52%) SAP BW
6 2 (9.52%) Data Warehouse
6 2 (9.52%) ERP
6 2 (9.52%) SAP BPC
6 2 (9.52%) German Language
6 2 (9.52%) Degree
6 2 (9.52%) Banking
6 2 (9.52%) Retail
7 1 (4.76%) Asset Management
7 1 (4.76%) French Language
7 1 (4.76%) Business Analysis
7 1 (4.76%) Dynamics AX
7 1 (4.76%) Derivative
7 1 (4.76%) Retail Banking

GAAP
Top Related IT Skills by Category

For the 6 months to 28 July 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 1 (4.76%) NetWeaver
Applications
1 1 (4.76%) MS Office
1 1 (4.76%) MS Excel
Business Applications
1 4 (19.05%) SAP FI
1 4 (19.05%) SAP FI/CO
1 4 (19.05%) SAP CO
2 3 (14.29%) Oracle General Ledger
2 3 (14.29%) Oracle 11i
3 2 (9.52%) SAP BPC
4 1 (4.76%) Oracle Payables
4 1 (4.76%) Oracle Cash Management
4 1 (4.76%) HFM
4 1 (4.76%) Cognos TM1
4 1 (4.76%) Dynamics AX
4 1 (4.76%) SAP ERP
4 1 (4.76%) SAP SD
4 1 (4.76%) Oracle Financials
Database & Business Intelligence
1 2 (9.52%) Data Warehouse
1 2 (9.52%) SAP BW
2 1 (4.76%) OLAP
General
1 13 (61.90%) Finance
2 4 (19.05%) Billing
3 3 (14.29%) General Ledger
4 2 (9.52%) Banking
4 2 (9.52%) Retail
4 2 (9.52%) Telecoms
4 2 (9.52%) German Language
5 1 (4.76%) Legal
5 1 (4.76%) Retail Banking
5 1 (4.76%) French Language
Job Titles
1 5 (23.81%) Consultant
2 3 (14.29%) SAP Consultant
3 2 (9.52%) Functional Consultant
3 2 (9.52%) SAP FI/CO Consultant
4 1 (4.76%) Architect
4 1 (4.76%) Business Analyst
4 1 (4.76%) Tester
4 1 (4.76%) Developer
4 1 (4.76%) Analyst
4 1 (4.76%) Senior Consultant
4 1 (4.76%) SAP FI Consultant
4 1 (4.76%) SAP CO Consultant
4 1 (4.76%) Business Manager
4 1 (4.76%) Senior SAP Consultant
4 1 (4.76%) Financial Analyst
4 1 (4.76%) SAP Tester
4 1 (4.76%) SAP Architect
4 1 (4.76%) Dynamics AX Consultant
4 1 (4.76%) SAP BPC Consultant
4 1 (4.76%) TM1 Developer
Libraries, Frameworks & Software Standards
1 1 (4.76%) VML
Miscellaneous
1 1 (4.76%) Foreign Exchange (FX)
1 1 (4.76%) Equities
1 1 (4.76%) Derivative
1 1 (4.76%) Data Extraction
1 1 (4.76%) FMCG
Processes & Methodologies
1 2 (9.52%) Migration
1 2 (9.52%) ERP
2 1 (4.76%) Business Intelligence
2 1 (4.76%) Project Management
2 1 (4.76%) GAP Analysis
2 1 (4.76%) Risk Management
2 1 (4.76%) Asset Management
2 1 (4.76%) Business Analysis
2 1 (4.76%) Wealth Management
2 1 (4.76%) Time Management
2 1 (4.76%) Financial Modelling
2 1 (4.76%) Cash Management
2 1 (4.76%) Enterprise Modelling
2 1 (4.76%) Waterfall
Programming Languages
1 1 (4.76%) C
Qualifications
1 3 (14.29%) ACCA
1 3 (14.29%) CIMA
2 2 (9.52%) Degree
Quality Assurance & Compliance
1 5 (23.81%) Sarbanes-Oxley
2 1 (4.76%) QA
2 1 (4.76%) FINREP
Systems Management
1 1 (4.76%) HP Quality Center
Vendors
1 7 (33.33%) SAP
2 5 (23.81%) Oracle
3 3 (14.29%) CA
4 1 (4.76%) Applix
4 1 (4.76%) Cognos
4 1 (4.76%) Microsoft
4 1 (4.76%) HP
London
HFG
Rate: £700 - £900 per day
Posted: 3 days ago
London
Progressive Recruitment
Rate: competitive
Posted: 5 days ago
London
Personnel IT
Rate: £475 - £510 per day
Posted: 9 days ago