Period
to 22 January 2022

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 22 January 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.

International Financial Reporting Standards (IFRS)
Central London > City of London
6 months to
22 Jan 2022
Same period 2021 Same period 2020
Rank 168 116 172
Rank change year-on-year -52 +56 +59
Contract jobs citing IFRS 22 9 25
As % of all contract jobs advertised in the City of London 0.55% 0.43% 0.50%
As % of the Quality Assurance & Compliance category 3.55% 3.63% 4.83%
Number of daily rates quoted 12 4 25
10th Percentile £501 £449 -
25th Percentile £518 £522 £413
Median daily rate (50th Percentile) £550 £600 £475
Median % change year-on-year -8.33% +26.32% -18.28%
75th Percentile £605 £672 £525
90th Percentile £670 £734 £780
Central London median daily rate £550 £600 £475
% change year-on-year -8.33% +26.32% -18.28%

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 619 248 518
As % of all contract IT jobs advertised in the City of London 15.60% 11.88% 10.40%
Number of daily rates quoted 478 163 394
10th Percentile £350 £316 £300
25th Percentile £450 £409 £367
Median daily rate (50th Percentile) £550 £488 £475
Median % change year-on-year +12.82% +2.63% -2.56%
75th Percentile £625 £588 £575
90th Percentile £700 £650 £646
Central London median daily rate £550 £481 £475
% change year-on-year +14.29% +1.32% -
Number of hourly rates quoted 4 3 2
10th Percentile £19.00 £14.70 -
25th Percentile £28.00 £15.75 -
Median hourly rate £45.50 £20.00 £16.50
Median % change year-on-year +127.50% +21.21% -13.16%
75th Percentile £61.38 £22.25 -
90th Percentile £62.05 £22.40 -
Central London median hourly rate £45.50 £20.00 £16.50
% change year-on-year +127.50% +21.21% -13.16%

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 22 January 2022.

Daily rate histogram for IFRS in the City of London

For the 6 months to 22 January 2022, 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 16 (72.73%) Finance
2 10 (45.45%) Data Modelling
3 7 (31.82%) Logical Data Model
3 7 (31.82%) Physical Data Model
3 7 (31.82%) Social Skills
4 5 (22.73%) GAAP
4 5 (22.73%) Agile Software Development
5 4 (18.18%) Scrum
5 4 (18.18%) MS Visio
5 4 (18.18%) SQL
5 4 (18.18%) Microsoft Excel
5 4 (18.18%) Sparx Enterprise Architect
5 4 (18.18%) Solvency II
5 4 (18.18%) Data Governance
5 4 (18.18%) Data Vault
6 3 (13.64%) Data Transformation
6 3 (13.64%) IFRS 9
6 3 (13.64%) Data Lineage
6 3 (13.64%) Data Warehouse
6 3 (13.64%) XML
6 3 (13.64%) ETL
6 3 (13.64%) Test Scripting
7 2 (9.09%) SAP Implementation
7 2 (9.09%) Computer Science
7 2 (9.09%) QA
7 2 (9.09%) Degree
7 2 (9.09%) Business Analysis
7 2 (9.09%) Oracle Workflow
7 2 (9.09%) Stakeholder Management
7 2 (9.09%) Data Analysis

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 (9.09%) Oracle Workflow
2 1 (4.55%) Apache Airflow
2 1 (4.55%) Apache Spark
2 1 (4.55%) Elasticsearch
Applications
1 4 (18.18%) Microsoft Excel
1 4 (18.18%) MS Visio
Business Applications
1 4 (18.18%) Sparx Enterprise Architect
2 2 (9.09%) Oracle FAH
2 2 (9.09%) Oracle General Ledger
2 2 (9.09%) Oracle Subledger Accounting
2 2 (9.09%) SAP S/4HANA
Cloud Services
1 2 (9.09%) Azure
1 2 (9.09%) Power Platform
1 2 (9.09%) Snowflake
2 1 (4.55%) Amazon EC2
2 1 (4.55%) Amazon EMR
2 1 (4.55%) Amazon S3
2 1 (4.55%) AWS
2 1 (4.55%) AWS Lambda
2 1 (4.55%) Azure Storage
2 1 (4.55%) PowerApps
2 1 (4.55%) Serverless
Database & Business Intelligence
1 4 (18.18%) Data Vault
2 3 (13.64%) Data Warehouse
3 2 (9.09%) Power BI
3 2 (9.09%) SAP BW
3 2 (9.09%) SQL Server Analysis Services
3 2 (9.09%) Tableau
4 1 (4.55%) Amazon Athena
4 1 (4.55%) Amazon RDS
4 1 (4.55%) Crystal Reports
4 1 (4.55%) Data Lake
4 1 (4.55%) Dremio
4 1 (4.55%) Enterprise Data Warehouse
4 1 (4.55%) Metadata
4 1 (4.55%) Microsoft Analysis Services
4 1 (4.55%) NoSQL
4 1 (4.55%) Power Query
4 1 (4.55%) QlikView
4 1 (4.55%) SQL Server
4 1 (4.55%) SQL Server Integration Services
Development Applications
1 1 (4.55%) Cucumber
1 1 (4.55%) Git (software)
1 1 (4.55%) git-flow
1 1 (4.55%) Jenkins
1 1 (4.55%) JIRA
1 1 (4.55%) Selenium
1 1 (4.55%) SpecFlow
1 1 (4.55%) Toad
General
1 16 (72.73%) Finance
2 7 (31.82%) Social Skills
3 2 (9.09%) Analytical Skills
3 2 (9.09%) Banking
3 2 (9.09%) General Ledger
4 1 (4.55%) Back Office
4 1 (4.55%) Documentation Skills
Job Titles
1 11 (50.00%) Analyst
2 4 (18.18%) Business Analyst
2 4 (18.18%) Data Analyst
2 4 (18.18%) Financial Analyst
3 3 (13.64%) Data Engineer
3 3 (13.64%) Data Modeller
3 3 (13.64%) Finance Business Analyst
4 2 (9.09%) Technical Analyst
5 1 (4.55%) Actuary
5 1 (4.55%) AWS Engineer
5 1 (4.55%) Business Finance Analyst
5 1 (4.55%) Designer
5 1 (4.55%) Finance Manager
5 1 (4.55%) Finance Project Manager
5 1 (4.55%) Kubernetes Engineer
5 1 (4.55%) Report Specialist
5 1 (4.55%) Senior Finance Project Manager
5 1 (4.55%) Senior Project Manager
5 1 (4.55%) Technical Business Analyst
5 1 (4.55%) Test Analyst
Libraries, Frameworks & Software Standards
1 3 (13.64%) XML
2 1 (4.55%) Elastic Stack
2 1 (4.55%) Gherkin
2 1 (4.55%) PySpark
2 1 (4.55%) XML Messaging
Miscellaneous
1 2 (9.09%) Self-Motivation
2 1 (4.55%) Credit Risk
2 1 (4.55%) Derivative
2 1 (4.55%) Foreign Exchange (FX)
2 1 (4.55%) Interest Rate Derivative
2 1 (4.55%) Reinsurance
Operating Systems
1 1 (4.55%) Linux
Processes & Methodologies
1 10 (45.45%) Data Modelling
2 7 (31.82%) Logical Data Model
2 7 (31.82%) Physical Data Model
3 5 (22.73%) Agile Software Development
4 4 (18.18%) Data Governance
4 4 (18.18%) Scrum
5 3 (13.64%) Data Lineage
5 3 (13.64%) Data Transformation
5 3 (13.64%) ETL
5 3 (13.64%) Test Scripting
6 2 (9.09%) Analytics
6 2 (9.09%) Business Analysis
6 2 (9.09%) Computer Science
6 2 (9.09%) Data Analysis
6 2 (9.09%) Data Architecture
6 2 (9.09%) Data Management
6 2 (9.09%) DevOps
6 2 (9.09%) Requirements Engineering
6 2 (9.09%) SAP Implementation
6 2 (9.09%) Test Strategy
Programming Languages
1 4 (18.18%) SQL
2 1 (4.55%) T-SQL
Qualifications
1 2 (9.09%) ACCA
1 2 (9.09%) CIMA
1 2 (9.09%) Degree
Quality Assurance & Compliance
1 5 (22.73%) GAAP
2 4 (18.18%) Solvency II
3 3 (13.64%) IFRS 9
4 2 (9.09%) FRS 29
4 2 (9.09%) QA
4 2 (9.09%) Sarbanes-Oxley
5 1 (4.55%) Data Quality
5 1 (4.55%) GDPR
Systems Management
1 1 (4.55%) Ansible
1 1 (4.55%) Kibana
1 1 (4.55%) Kubernetes
1 1 (4.55%) Terraform
Vendors
1 2 (9.09%) Murex
1 2 (9.09%) Oracle
1 2 (9.09%) SAP
2 1 (4.55%) Calypso
2 1 (4.55%) Databricks
2 1 (4.55%) Microsoft
2 1 (4.55%) StreamSets