The following table provides summary statistics for contract job vacancies advertised in England with a requirement for FINREP skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FINREP over the 3 months to 26 March 2017 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.

3 months to
26 Mar 2017
Same period 2016 Same period 2015
Financial Reporting (FINREP)
UK / England
Rank 572 600 583
Rank change year-on-year +28 -17  
Contract jobs citing FINREP 2 13 11
As % of all contract IT jobs advertised in England 0.005% 0.027% 0.023%
As % of the Quality Assurance & Compliance category 0.041% 0.24% 0.19%
Number of daily rates quoted 2 12 10
Median daily rate £476 £441 £588
Median daily rate % change year-on-year +7.93% -24.89%  
90% offered a daily rate of more than £417 £338 £539
10% offered a daily rate of more than £535 £540 £700
UK excluding London median daily rate - £425 £550
% change year-on-year - -22.72%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

FINREP is in the quality assurance and compliance skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in England with a requirement for quality assurance and compliance skills.

Contract Quality Assurance & Compliance Skills
England
Contract job vacancies with a requirement for quality assurance and compliance skills 4829 5391 5779
As % of all contract IT job vacancies advertised in England 11.70% 10.99% 11.95%
Number of daily rates quoted 3181 3489 3547
Median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25%  
90% offered a daily rate of more than £275 £250 £235
10% offered a daily rate of more than £620 £599 £600
UK excluding London median daily rate £400 £400 £380
% change year-on-year - +5.26%  
Number of hourly rates quoted 149 183 164
Median hourly rate £19.70 £37.50 £26.00
Median hourly rate % change year-on-year -47.46% +44.23%  
90% offered a hourly rate of more than £11.00 £13.05 £11.79
10% offered a hourly rate of more than £50.90 £61.00 £53.20
UK excluding London median hourly rate £19.90 £41.00 £29.00
% change year-on-year -51.46% +41.37%  

FINREP
Job Vacancy Trend in England

The job posting trend of jobs advertised in England citing FINREP as a proportion of all contract or permanent IT jobs with a match in the Quality Assurance & Compliance category.

Job vacancy trend for FINREP in England

FINREP
Contractor Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing FINREP in England.

Contractor daily rate trend for FINREP in England

FINREP
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing FINREP in England over the 3 months to 26 March 2017.

Contractor daily rate histogram for FINREP in England

FINREP
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FINREP within the England region over the 3 months to 26 March 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
London +30 2 £476 -17.17%
FINREP
UK

FINREP
Top 30 Related IT Skills in England

For the 6 months to 26 March 2017, IT contractor jobs citing FINREP also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region with a requirement for FINREP.

1 4 (80.00%) Finance
1 4 (80.00%) IFRS
1 4 (80.00%) IFRS 9
2 3 (60.00%) COREP
2 3 (60.00%) Banking
3 2 (40.00%) Stakeholder Management
3 2 (40.00%) Microsoft
3 2 (40.00%) Basel III
4 1 (20.00%) Test Planning
4 1 (20.00%) Fintech
4 1 (20.00%) Financial Institution
4 1 (20.00%) XBRL
4 1 (20.00%) SAP R/3
4 1 (20.00%) C#
4 1 (20.00%) Oracle
4 1 (20.00%) SQL Server
4 1 (20.00%) MS Office
4 1 (20.00%) SAP
4 1 (20.00%) XML
4 1 (20.00%) Data Warehouse
4 1 (20.00%) Data Modelling
4 1 (20.00%) ETL
4 1 (20.00%) Scrum
4 1 (20.00%) Agile Software Development
4 1 (20.00%) Retail
4 1 (20.00%) IAS 39
4 1 (20.00%) General Ledger
4 1 (20.00%) Data Mart
4 1 (20.00%) Business Analysis
4 1 (20.00%) Requirements Management

FINREP
Top Related IT Skills in England 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 1 (20.00%) MS Office
Business Applications
1 1 (20.00%) SAP R/3
Database & Business Intelligence
1 1 (20.00%) Data Mart
1 1 (20.00%) Data Warehouse
1 1 (20.00%) SQL Server
General
1 4 (80.00%) Finance
2 3 (60.00%) Banking
3 1 (20.00%) Financial Institution
3 1 (20.00%) General Ledger
3 1 (20.00%) Retail
Job Titles
1 2 (40.00%) Analyst
1 2 (40.00%) Business Analyst
2 1 (20.00%) Developer
2 1 (20.00%) Finance Manager
2 1 (20.00%) IT Finance Manager
2 1 (20.00%) IT Manager
2 1 (20.00%) IT Risk Manager
2 1 (20.00%) Lead Business Analyst
2 1 (20.00%) Programme Manager
2 1 (20.00%) Risk Manager
2 1 (20.00%) SQL Developer
2 1 (20.00%) SQL Server Developer
2 1 (20.00%) Test Manager
Libraries, Frameworks & Software Standards
1 1 (20.00%) Oracle Fusion
1 1 (20.00%) XBRL
1 1 (20.00%) XML
Miscellaneous
1 1 (20.00%) Fintech
Processes & Methodologies
1 2 (40.00%) Stakeholder Management
2 1 (20.00%) Agile Software Development
2 1 (20.00%) Business Analysis
2 1 (20.00%) Data Modelling
2 1 (20.00%) ETL
2 1 (20.00%) Requirements Management
2 1 (20.00%) Scrum
2 1 (20.00%) Stress Testing
2 1 (20.00%) Test Planning
Programming Languages
1 1 (20.00%) C#
Quality Assurance & Compliance
1 4 (80.00%) IFRS
1 4 (80.00%) IFRS 9
2 3 (60.00%) COREP
3 2 (40.00%) Basel III
4 1 (20.00%) IAS 39
Vendors
1 2 (40.00%) Microsoft
2 1 (20.00%) Oracle
2 1 (20.00%) SAP