Period
to 18 January 2022

The median contractor rate for a Finance Business Analyst was £598 per day in advertised job vacancies in the City of London during the 6 months to 18 January 2022.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Business Analyst - Finance
Central London > City of London
6 months to
18 Jan 2022
Same period 2021 Same period 2020
Rank 182 120 191
Rank change year-on-year -62 +71 +54
Contract jobs requiring a Finance Business Analyst 5 6 8
As % of all contract jobs advertised in the City of London 0.13% 0.29% 0.16%
As % of the Job Titles category 0.14% 0.32% 0.17%
Number of daily rates quoted 3 3 6
10th Percentile £455 £475 £410
25th Percentile £499 £494 £459
Median daily rate (50th Percentile) £598 £550 £484
Median % change year-on-year +8.64% +13.70% -4.44%
75th Percentile £661 £588 £500
90th Percentile £684 £595 £538
Central London median daily rate £598 £550 £475
% change year-on-year +8.64% +15.79% -5.00%

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the City of London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
City of London
Contract vacancies in the City of London with a recognized job title 3,699 1,883 4,608
% of contract IT jobs with a recognized job title 92.48% 92.26% 93.45%
Number of daily rates quoted 2,864 1,420 3,638
10th Percentile £356 £305 £300
25th Percentile £463 £413 £413
Median daily rate (50th Percentile) £550 £520 £500
Median % change year-on-year +5.77% +4.00% -
75th Percentile £650 £602 £600
90th Percentile £750 £688 £675
Central London median daily rate £550 £513 £500
% change year-on-year +7.32% +2.50% -
Number of hourly rates quoted 46 20 60
10th Percentile £13.88 £16.58 £12.38
25th Percentile £18.63 £20.74 £14.19
Median hourly rate £33.75 £24.75 £19.75
Median % change year-on-year +36.36% +25.32% +5.61%
75th Percentile £51.50 £36.69 £25.50
90th Percentile £62.50 £46.18 £49.50
Central London median hourly rate £34.50 £26.50 £19.75
% change year-on-year +30.19% +34.18% +5.61%

Finance Business Analyst
Job Vacancy Trend in the City of London

Job postings that featured Finance Business Analyst in the job title as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Finance Business Analyst in the City of London

Finance Business Analyst
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Finance Business Analyst in the City of London.

Daily rate trend for Finance Business Analyst in the City of London

Finance Business Analyst
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Finance Business Analyst in the City of London over the 6 months to 18 January 2022.

Daily rate histogram for Finance Business Analyst in the City of London

Finance Business Analyst Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 18 January 2022, Finance Business Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region featuring Finance Business Analyst in the job title.

1 5 (100.00%) Finance
2 3 (60.00%) Business Analysis
2 3 (60.00%) IFRS
2 3 (60.00%) Social Skills
3 2 (40.00%) Computer Science
3 2 (40.00%) Workflow
3 2 (40.00%) FRS 29
3 2 (40.00%) IFRS 9
3 2 (40.00%) SAP S/4HANA
3 2 (40.00%) Requirements Engineering
3 2 (40.00%) Agile Software Development
3 2 (40.00%) Banking
3 2 (40.00%) Degree
3 2 (40.00%) SAP Implementation
3 2 (40.00%) SAP BW
3 2 (40.00%) SAP
4 1 (20.00%) XML
4 1 (20.00%) Microsoft Excel
4 1 (20.00%) Data Modelling
4 1 (20.00%) Murex
4 1 (20.00%) C#
4 1 (20.00%) SQL
4 1 (20.00%) VBA
4 1 (20.00%) .NET
4 1 (20.00%) Oracle
4 1 (20.00%) Microsoft Project
4 1 (20.00%) GAAP
4 1 (20.00%) XML Messaging
4 1 (20.00%) Oracle Workflow
4 1 (20.00%) User Acceptance Testing

Finance Business Analyst Skill Set
Co-occurring IT Skills in the City of London 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:

Application Platforms
1 1 (20.00%) Oracle Workflow
Applications
1 1 (20.00%) Microsoft Excel
1 1 (20.00%) Microsoft Project
1 1 (20.00%) Spreadsheet
Business Applications
1 2 (40.00%) SAP S/4HANA
2 1 (20.00%) Oracle FAH
2 1 (20.00%) Oracle General Ledger
2 1 (20.00%) Oracle Subledger Accounting
Database & Business Intelligence
1 2 (40.00%) SAP BW
Development Applications
1 1 (20.00%) JIRA
General
1 5 (100.00%) Finance
2 3 (60.00%) Social Skills
3 2 (40.00%) Banking
4 1 (20.00%) Analytical Skills
4 1 (20.00%) General Ledger
Libraries, Frameworks & Software Standards
1 1 (20.00%) .NET
1 1 (20.00%) XML
1 1 (20.00%) XML Messaging
Miscellaneous
1 1 (20.00%) Derivative
1 1 (20.00%) Self-Motivation
Processes & Methodologies
1 3 (60.00%) Business Analysis
2 2 (40.00%) Agile Software Development
2 2 (40.00%) Computer Science
2 2 (40.00%) Requirements Engineering
2 2 (40.00%) SAP Implementation
2 2 (40.00%) Workflow
3 1 (20.00%) Business Process Modelling
3 1 (20.00%) Data Management
3 1 (20.00%) Data Modelling
3 1 (20.00%) Decision-Making
3 1 (20.00%) Problem-Solving
3 1 (20.00%) Project Delivery
3 1 (20.00%) Requirements Analysis
3 1 (20.00%) Requirements Gathering
3 1 (20.00%) System Integration Testing
3 1 (20.00%) Test Scripting
3 1 (20.00%) Test Strategy
3 1 (20.00%) User Acceptance Testing
3 1 (20.00%) Workshop Facilitation
Programming Languages
1 1 (20.00%) C#
1 1 (20.00%) SQL
1 1 (20.00%) VBA
Qualifications
1 2 (40.00%) Degree
Quality Assurance & Compliance
1 3 (60.00%) IFRS
2 2 (40.00%) FRS 29
2 2 (40.00%) IFRS 9
3 1 (20.00%) GAAP
3 1 (20.00%) QA
Vendors
1 2 (40.00%) SAP
2 1 (20.00%) Murex
2 1 (20.00%) Oracle