Period
to 27 September 2021

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for IFRS skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFRS over the 6 months to 27 September 2021 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.

International Financial Reporting Standards (IFRS)
Central London > City of London
6 months to
27 Sep 2021
Same period 2020 Same period 2019
Rank 165 116 223
Rank change year-on-year -49 +107 +20
Contract jobs citing IFRS 15 1 13
As % of all contract jobs advertised in the City of London 0.41% 0.057% 0.21%
As % of the Quality Assurance & Compliance category 3.18% 0.53% 2.15%
Number of daily rates quoted 11 1 12
10th Percentile £488 " £373
25th Percentile £503 " £491
Median daily rate (50th Percentile) £525 £550 £519
Median % change year-on-year -4.55% +6.02% -5.68%
75th Percentile £613 " £638
90th Percentile £725 " £739
Central London median daily rate £525 £550 £519
% change year-on-year -4.55% +6.02% -11.70%

IFRS 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 472 190 605
As % of all contract IT jobs advertised in the City of London 12.88% 10.81% 9.78%
Number of daily rates quoted 349 113 452
10th Percentile £348 £317 £325
25th Percentile £452 £413 £400
Median daily rate (50th Percentile) £543 £500 £500
Median % change year-on-year +8.60% - +5.26%
75th Percentile £638 £575 £588
90th Percentile £715 £648 £675
Central London median daily rate £543 £500 £500
% change year-on-year +8.60% - +5.26%
Number of hourly rates quoted 8 4 6
10th Percentile £13.88 £17.10 £12.13
25th Percentile £19.50 £20.25 £13.50
Median hourly rate £27.00 £34.25 £16.50
Median % change year-on-year -21.17% +107.58% +6.11%
75th Percentile £40.00 £51.13 £18.06
90th Percentile £73.53 £57.20 £19.42
Central London median hourly rate £23.75 £34.25 £16.50
% change year-on-year -30.66% +107.58% +6.11%

IFRS
Job Vacancy Trend in the City of London

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

Job vacancy trend for IFRS in the City of London

IFRS
Contractor Daily Rate Trend in the City of London

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

Daily rate trend for IFRS in the City of London

IFRS
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing IFRS in the City of London over the 6 months to 27 September 2021.

Daily rate histogram for IFRS in the City of London

For the 6 months to 27 September 2021, IT contractor jobs citing IFRS 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 IFRS.

1 9 (60.00%) Finance
2 7 (46.67%) SQL
3 6 (40.00%) Data Modelling
4 5 (33.33%) Scrum
4 5 (33.33%) Agile Software Development
5 4 (26.67%) Azure
5 4 (26.67%) Power BI
5 4 (26.67%) Power Platform
6 3 (20.00%) Social Skills
6 3 (20.00%) Data Vault
6 3 (20.00%) Solvency II
6 3 (20.00%) Data Governance
6 3 (20.00%) Banking
6 3 (20.00%) CIMA
6 3 (20.00%) ACCA
6 3 (20.00%) GAAP
6 3 (20.00%) ETL
6 3 (20.00%) Oracle
6 3 (20.00%) XML
7 2 (13.33%) SQL Server
7 2 (13.33%) Business Intelligence
7 2 (13.33%) Foreign Exchange (FX)
7 2 (13.33%) Sarbanes-Oxley
7 2 (13.33%) Microsoft
7 2 (13.33%) Murex
7 2 (13.33%) Change Management
7 2 (13.33%) Credit Risk
7 2 (13.33%) User Acceptance Testing
7 2 (13.33%) Test Scripting
7 2 (13.33%) SQL Server Analysis Services

IFRS
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 2 (13.33%) Oracle Workflow
2 1 (6.67%) Apache Airflow
2 1 (6.67%) Apache Spark
2 1 (6.67%) Elasticsearch
Applications
1 1 (6.67%) Microsoft Excel
Business Applications
1 2 (13.33%) Oracle FAH
1 2 (13.33%) Oracle General Ledger
1 2 (13.33%) Oracle Subledger Accounting
Cloud Services
1 4 (26.67%) Azure
1 4 (26.67%) Power Platform
2 2 (13.33%) AWS
3 1 (6.67%) Amazon EC2
3 1 (6.67%) Amazon EMR
3 1 (6.67%) Amazon S3
3 1 (6.67%) AWS Lambda
3 1 (6.67%) Azure Storage
3 1 (6.67%) PowerApps
3 1 (6.67%) Serverless
Database & Business Intelligence
1 4 (26.67%) Power BI
2 3 (20.00%) Data Vault
3 2 (13.33%) SQL Server
3 2 (13.33%) SQL Server Analysis Services
4 1 (6.67%) Amazon Athena
4 1 (6.67%) Amazon RDS
4 1 (6.67%) Crystal Reports
4 1 (6.67%) Data Lake
4 1 (6.67%) Data Warehouse
4 1 (6.67%) Dremio
4 1 (6.67%) Enterprise Data Warehouse
4 1 (6.67%) Metadata
4 1 (6.67%) Microsoft Analysis Services
4 1 (6.67%) NoSQL
4 1 (6.67%) Power Query
4 1 (6.67%) QlikView
4 1 (6.67%) Snowflake Schema
4 1 (6.67%) SQL Server Integration Services
Development Applications
1 1 (6.67%) Cucumber
1 1 (6.67%) Git (software)
1 1 (6.67%) git-flow
1 1 (6.67%) Jenkins
1 1 (6.67%) JIRA
1 1 (6.67%) Selenium
1 1 (6.67%) SpecFlow
1 1 (6.67%) Toad
General
1 9 (60.00%) Finance
2 3 (20.00%) Banking
2 3 (20.00%) Social Skills
3 2 (13.33%) Analytical Skills
3 2 (13.33%) General Ledger
4 1 (6.67%) Documentation Skills
Job Titles
1 5 (33.33%) Analyst
2 3 (20.00%) Data Modeller
3 2 (13.33%) Architect
3 2 (13.33%) Business Analyst
3 2 (13.33%) Data Architect
3 2 (13.33%) Technical Analyst
4 1 (6.67%) Actuary
4 1 (6.67%) AWS Engineer
4 1 (6.67%) Business IT Analyst
4 1 (6.67%) Consultant
4 1 (6.67%) Data Analyst
4 1 (6.67%) Designer
4 1 (6.67%) Finance Business Analyst
4 1 (6.67%) Financial Analyst
4 1 (6.67%) Financial Services Project Manager
4 1 (6.67%) IT Analyst
4 1 (6.67%) IT Business Analyst
4 1 (6.67%) Project Manager
4 1 (6.67%) Technical Business Analyst
4 1 (6.67%) Test Analyst
Libraries, Frameworks & Software Standards
1 3 (20.00%) XML
2 1 (6.67%) Elastic Stack
2 1 (6.67%) Gherkin
2 1 (6.67%) PySpark
2 1 (6.67%) Shiny
2 1 (6.67%) XML Messaging
Miscellaneous
1 2 (13.33%) Credit Risk
1 2 (13.33%) Foreign Exchange (FX)
1 2 (13.33%) Self-Motivation
2 1 (6.67%) Derivative
2 1 (6.67%) Interest Rate Derivative
2 1 (6.67%) Public Cloud
Operating Systems
1 1 (6.67%) Linux
1 1 (6.67%) Windows
1 1 (6.67%) Windows Server
Processes & Methodologies
1 6 (40.00%) Data Modelling
2 5 (33.33%) Agile Software Development
2 5 (33.33%) Scrum
3 3 (20.00%) Data Governance
3 3 (20.00%) ETL
4 2 (13.33%) Business Intelligence
4 2 (13.33%) Change Management
4 2 (13.33%) Data Architecture
4 2 (13.33%) Data Lineage
4 2 (13.33%) Data Transformation
4 2 (13.33%) DevOps
4 2 (13.33%) Logical Data Model
4 2 (13.33%) Physical Data Model
4 2 (13.33%) Stakeholder Management
4 2 (13.33%) Test Scripting
4 2 (13.33%) User Acceptance Testing
4 2 (13.33%) Workflow
5 1 (6.67%) Continuous Integration
5 1 (6.67%) Kanban
5 1 (6.67%) System Testing
Programming Languages
1 7 (46.67%) SQL
2 1 (6.67%) MATLAB
2 1 (6.67%) PowerShell
2 1 (6.67%) Python
2 1 (6.67%) R
2 1 (6.67%) T-SQL
2 1 (6.67%) VBA
Qualifications
1 3 (20.00%) ACCA
1 3 (20.00%) CIMA
Quality Assurance & Compliance
1 3 (20.00%) GAAP
1 3 (20.00%) Solvency II
2 2 (13.33%) IFRS 9
2 2 (13.33%) Sarbanes-Oxley
3 1 (6.67%) Data Quality
3 1 (6.67%) GDPR
3 1 (6.67%) QA
Systems Management
1 1 (6.67%) Ansible
1 1 (6.67%) Kibana
1 1 (6.67%) Kubernetes
1 1 (6.67%) Terraform
Vendors
1 3 (20.00%) Oracle
2 2 (13.33%) Microsoft
2 2 (13.33%) Murex
3 1 (6.67%) Alteryx
3 1 (6.67%) Calypso
3 1 (6.67%) Databricks
3 1 (6.67%) StreamSets