Period
to

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for GAAP skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited GAAP over the 6 months to 27 May 2022 with a comparison to the 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.

Generally Accepted Accounting Principles (GAAP)
Central London > City of London
6 months to
27 May 2022
Same period 2021 Same period 2020
Rank 182 147 157
Rank change year-on-year -35 +10 +80
Contract jobs citing GAAP 1 4 1
As % of all contract jobs advertised in the City of London 0.024% 0.14% 0.032%
As % of the Quality Assurance & Compliance category 0.15% 1.07% 0.27%
Number of daily rates quoted 1 3 1
10th Percentile - - -
25th Percentile £525 £506 £363
Median daily rate (50th Percentile) £550 £513 £375
Median % change year-on-year +7.32% +36.67% -
75th Percentile £575 £647 £388
90th Percentile - £724 -
Central London median daily rate £550 £513 £375
% change year-on-year +7.32% +36.67% -

GAAP is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
City of London
Contract vacancies with a requirement for quality assurance or compliance skills 646 375 371
As % of all contract IT jobs advertised in the City of London 15.31% 13.04% 11.93%
Number of daily rates quoted 416 257 259
10th Percentile £352 £336 £248
25th Percentile £463 £414 £400
Median daily rate (50th Percentile) £563 £520 £485
Median % change year-on-year +8.17% +7.22% -7.62%
75th Percentile £650 £621 £575
90th Percentile £775 £750 £638
Central London median daily rate £563 £520 £475
% change year-on-year +8.17% +9.47% -5.00%
Number of hourly rates quoted 4 5 9
10th Percentile £19.13 £14.10 £17.96
25th Percentile £23.06 £14.25 £26.75
Median hourly rate £43.50 £20.00 £38.50
Median % change year-on-year +117.50% -48.05% +118.01%
75th Percentile £61.94 £23.75 £47.75
90th Percentile £62.28 £24.95 £61.25
Central London median hourly rate £41.50 £20.00 £38.48
% change year-on-year +107.50% -48.02% +117.87%

GAAP
Job Vacancy Trend in the City of London

Job postings citing GAAP as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for GAAP in the City of London

GAAP
Contractor Daily Rate Trend in the City of London

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

Daily rate trend for GAAP in the City of London

For the 6 months to 27 May 2022, IT contractor jobs citing GAAP also mentioned the following 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 with a requirement for GAAP.

1 1 (100.00%) Oracle
1 1 (100.00%) SAP
1 1 (100.00%) Oracle Financials
1 1 (100.00%) Data Modelling
1 1 (100.00%) SAP FI
1 1 (100.00%) ACCA
1 1 (100.00%) Finance
1 1 (100.00%) Migration
1 1 (100.00%) SAP FI/CO
1 1 (100.00%) SAP CO
1 1 (100.00%) Data Management
1 1 (100.00%) Data Analysis
1 1 (100.00%) General Ledger
1 1 (100.00%) Data Migration
1 1 (100.00%) Cash Management
1 1 (100.00%) SAP HANA
1 1 (100.00%) Oracle Receivables
1 1 (100.00%) Oracle Cash Management
1 1 (100.00%) Oracle Assets
1 1 (100.00%) IFRS
1 1 (100.00%) SAP S/4HANA
1 1 (100.00%) Accounts Receivable

GAAP
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:

Business Applications
1 1 (100.00%) Oracle Assets
1 1 (100.00%) Oracle Cash Management
1 1 (100.00%) Oracle Financials
1 1 (100.00%) Oracle Receivables
1 1 (100.00%) SAP CO
1 1 (100.00%) SAP FI
1 1 (100.00%) SAP FI/CO
1 1 (100.00%) SAP S/4HANA
Database & Business Intelligence
1 1 (100.00%) SAP HANA
General
1 1 (100.00%) Finance
1 1 (100.00%) General Ledger
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Data Analyst
1 1 (100.00%) Data Migration Analyst
1 1 (100.00%) Migration Analyst
1 1 (100.00%) SAP Analyst
1 1 (100.00%) SAP Data Migration Analyst
Processes & Methodologies
1 1 (100.00%) Accounts Receivable
1 1 (100.00%) Cash Management
1 1 (100.00%) Data Analysis
1 1 (100.00%) Data Management
1 1 (100.00%) Data Migration
1 1 (100.00%) Data Modelling
1 1 (100.00%) Migration
Qualifications
1 1 (100.00%) ACCA
Quality Assurance & Compliance
1 1 (100.00%) IFRS
Vendors
1 1 (100.00%) Oracle
1 1 (100.00%) SAP