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 25 February 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
25 Feb 2017
Same period 2016 Same period 2015
Generally Accepted Accounting Principles (GAAP)
UK
Rank 590 604 597
Rank change year-on-year
+14 -7
Contract jobs citing GAAP 12 23 30
As % of all contract IT jobs located in the UK 0.027% 0.044% 0.057%
As % of the Quality Assurance & Compliance category 0.23% 0.38% 0.49%
Number of daily rates quoted 7 16 22
Median daily rate £450 £525 £450
Median daily rate % change year-on-year
-14.28% +16.66%
90% offered a daily rate of more than £245 £340 £375
10% offered a daily rate of more than £475 £600 £550
UK excluding London median daily rate £450 £340 £550
% change year-on-year
+32.35% -38.18%
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
5189 6059 6178
As % of all contract IT jobs located in the UK 11.59% 11.65% 11.78%
Number of daily rates quoted 3408 3858 3785
Median daily rate £438 £413 £400
Median daily rate % change year-on-year
+5.93% +3.25%
90% offered a daily rate of more than £258 £250 £225
10% offered a daily rate of more than £620 £590 £600
UK excluding London median daily rate £400 £390 £380
% change year-on-year
+2.56% +2.63%
Number of hourly rates quoted 166 203 178
Median hourly rate £22.70 £42.00 £22.50
Median hourly rate % change year-on-year
-45.95% +86.66%
90% offered a hourly rate of more than £11.00 £13.30 £11.00
10% offered a hourly rate of more than £52.50 £60.99 £49.80
UK excluding London median hourly rate £20.75 £42.50 £22.50
% change year-on-year
-51.17% +88.88%

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 25 February 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 8 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 25 February 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 +26 12 £450 -14.28% 3
South East +27 10 £450 +32.35%
Berkshire +17 9 £450 +32.35%
Bracknell - 4 £200 -
London +8 2 £475 -13.63% 2
Reading +13 1 £275 -19.11%
West Sussex - 1 - -
Billingshurst - 1 - -

GAAP
Top 30 Related IT Skills

For the 6 months to 25 February 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 18 (78.26%) Finance
2 13 (56.52%) IFRS
3 6 (26.09%) SAP
3 6 (26.09%) Microsoft
3 6 (26.09%) Analytical Skills
4 5 (21.74%) Project Management
4 5 (21.74%) MS Excel
4 5 (21.74%) Legal
4 5 (21.74%) Financial Analysis
5 4 (17.39%) Degree
5 4 (17.39%) Economics
5 4 (17.39%) Foreign Exchange (FX)
5 4 (17.39%) Revenue Recognition
6 3 (13.04%) Fixed Income
6 3 (13.04%) CIMA
6 3 (13.04%) ACCA
6 3 (13.04%) Derivative
6 3 (13.04%) Equities
6 3 (13.04%) Banking
6 3 (13.04%) Process Improvement
7 2 (8.70%) Agile Project Management
7 2 (8.70%) Analytics
7 2 (8.70%) User Stories
7 2 (8.70%) Mentoring
7 2 (8.70%) APMP
7 2 (8.70%) Agile Software Development
7 2 (8.70%) ERP
7 2 (8.70%) PMO
8 1 (4.35%) BPSS Clearance
8 1 (4.35%) Data Centre

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 5 (21.74%) MS Excel
2 1 (4.35%) MS Office
2 1 (4.35%) MS PowerPoint
Business Applications
1 1 (4.35%) Dynamics AX
1 1 (4.35%) Sage 50
1 1 (4.35%) SAP CO
1 1 (4.35%) SAP FI
1 1 (4.35%) SAP FI/CO
1 1 (4.35%) Unit4 Business World
Database & Business Intelligence
1 1 (4.35%) Essbase
1 1 (4.35%) MS Access
General
1 18 (78.26%) Finance
2 5 (21.74%) Legal
3 3 (13.04%) Banking
4 1 (4.35%) General Ledger
4 1 (4.35%) Manufacturing
4 1 (4.35%) Telecoms
Job Titles
1 15 (65.22%) Analyst
2 10 (43.48%) Financial Analyst
3 7 (30.43%) Business Analyst
4 3 (13.04%) Finance Business Analyst
4 3 (13.04%) Process Analyst
4 3 (13.04%) Product Analyst
4 3 (13.04%) Product Business Analyst
4 3 (13.04%) Product Control Business Analyst
5 2 (8.70%) Accountant
5 2 (8.70%) Banking Analyst
5 2 (8.70%) Banking Business Analyst
5 2 (8.70%) Consultant
5 2 (8.70%) Delivery Manager
5 2 (8.70%) Derivatives Business Analyst
5 2 (8.70%) Programme Delivery Manager
5 2 (8.70%) Programme Manager
6 1 (4.35%) Cost Analyst
6 1 (4.35%) Functional Consultant
6 1 (4.35%) Senior Analyst
6 1 (4.35%) Service Analyst
Miscellaneous
1 6 (26.09%) Analytical Skills
2 4 (17.39%) Foreign Exchange (FX)
3 3 (13.04%) Derivative
3 3 (13.04%) Equities
3 3 (13.04%) Fixed Income
4 1 (4.35%) Data Centre
Processes & Methodologies
1 5 (21.74%) Financial Analysis
1 5 (21.74%) Project Management
2 4 (17.39%) Economics
2 4 (17.39%) Revenue Recognition
3 3 (13.04%) Process Improvement
4 2 (8.70%) Agile Project Management
4 2 (8.70%) Agile Software Development
4 2 (8.70%) Analytics
4 2 (8.70%) ERP
4 2 (8.70%) Mentoring
4 2 (8.70%) User Stories
5 1 (4.35%) Data Mapping
5 1 (4.35%) Data Migration
5 1 (4.35%) Data Modelling
5 1 (4.35%) Financial Modelling
5 1 (4.35%) Migration
5 1 (4.35%) Risk Management
5 1 (4.35%) Service Delivery
5 1 (4.35%) UML
5 1 (4.35%) Workflow
Programming Languages
1 1 (4.35%) C
1 1 (4.35%) SQL
Qualifications
1 4 (17.39%) Degree
2 3 (13.04%) ACCA
2 3 (13.04%) CIMA
3 2 (8.70%) APMP
4 1 (4.35%) BPSS Clearance
4 1 (4.35%) MBA
4 1 (4.35%) Security Cleared
Quality Assurance & Compliance
1 13 (56.52%) IFRS
2 2 (8.70%) PMO
3 1 (4.35%) Sarbanes-Oxley
Vendors
1 6 (26.09%) Microsoft
1 6 (26.09%) SAP
2 1 (4.35%) HP
2 1 (4.35%) Hyperion
2 1 (4.35%) Oracle
Alderley Edge, Cheshire
Hays Resource Management - Astrazeneca
Rate: competitive
Posted: 4 days ago