Period
to 7 December 2019

The following table provides summary statistics for contract job vacancies advertised in England 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 7 December 2019 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)
UK > England
6 months to
7 Dec 2019
Same period 2018 Same period 2017
Rank 686 759 730
Rank change year-on-year +73 -29 +4
Contract jobs citing IFRS 84 121 127
As % of all contract IT jobs advertised in England 0.11% 0.13% 0.13%
As % of the Quality Assurance & Compliance category 1.09% 1.18% 1.05%
Number of daily rates quoted 54 77 73
England median daily rate £500 £588 £525
Median daily rate % change year-on-year -14.89% +11.90% +8.02%
10th Percentile £363 £413 £363
90th Percentile £793 £750 £745
UK median daily rate £500 £575 £525
% change year-on-year -13.04% +9.52% +8.14%
Number of hourly rates quoted 0 0 4
England median hourly rate - - £40.00
UK median hourly rate - - £40.00

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 England with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
England
Contract vacancies with a requirement for quality assurance or compliance skills 7,708 10,285 12,071
As % of all contract IT jobs advertised in England 10.52% 10.74% 12.69%
Number of daily rates quoted 4,851 6,567 7,983
England median daily rate £450 £450 £450
10th Percentile £225 £256 £263
90th Percentile £638 £638 £638
UK median daily rate £450 £450 £438
% change year-on-year - +2.86% +2.94%
Number of hourly rates quoted 343 362 327
England median hourly rate £21.50 £20.25 £20.00
Median hourly rate % change year-on-year +6.20% +1.23% -11.11%
10th Percentile £11.24 £11.00 £10.59
90th Percentile £55.00 £48.75 £50.31
UK median hourly rate £21.17 £20.24 £20.00
% change year-on-year +4.62% +1.18% -11.11%

IFRS
Job Vacancy Trend in England

Job postings citing IFRS as a percentage of all IT jobs advertised in England.

Job vacancy trend for IFRS in England

IFRS
Contractor Daily Rate Trend in England

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

Contractor daily rate trend for IFRS in England

IFRS
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing IFRS in England over the 6 months to 7 December 2019.

Contractor daily rate histogram for IFRS in England

IFRS
Contractor Hourly Rate Trend in England

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing IFRS in England.

Contractor hourly rate trend for IFRS in England

IFRS
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 IFRS within the England region over the 6 months to 7 December 2019. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +72 65 £506 -13.83% 12
North of England +31 6 £375 -42.31% 1
Midlands +48 5 £500 -5.66% 2
South East +61 4 £900 +75.61% 3
North West +21 4 £375 -53.13% 1
East of England +44 3 £475 -5.00% 1
West Midlands +36 3 £500 - 2
Yorkshire +37 2 £450 -
IFRS
UK

For the 6 months to 7 December 2019, 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 England region with a requirement for IFRS.

1 58 (69.05%) Finance
2 20 (23.81%) Solvency II
3 18 (21.43%) IFRS 9
3 18 (21.43%) Stakeholder Management
4 16 (19.05%) Agile Software Development
5 15 (17.86%) Microsoft Excel
5 15 (17.86%) GDPR
6 14 (16.67%) Credit Risk
6 14 (16.67%) Data Governance
6 14 (16.67%) Banking
7 13 (15.48%) SAS
7 13 (15.48%) SQL Server
7 13 (15.48%) Analytics
8 12 (14.29%) Waterfall
8 12 (14.29%) Business Intelligence
9 11 (13.10%) Oracle
9 11 (13.10%) Data Enrichment
9 11 (13.10%) Credit Risk Modelling
10 10 (11.90%) Analytical Skills
10 10 (11.90%) R
10 10 (11.90%) SQL
10 10 (11.90%) Data Modelling
11 9 (10.71%) ETL
11 9 (10.71%) ERP
12 8 (9.52%) Validation
12 8 (9.52%) Data Analysis
13 7 (8.33%) General Ledger
13 7 (8.33%) SAP
13 7 (8.33%) Project Management
14 6 (7.14%) GAAP

IFRS
Co-occurring 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:

Application Platforms
1 13 (15.48%) SAS
Applications
1 15 (17.86%) Microsoft Excel
2 2 (2.38%) Microsoft Project
3 1 (1.19%) Microsoft PowerPoint
Business Applications
1 4 (4.76%) Oracle Assets
1 4 (4.76%) Oracle Financials
2 3 (3.57%) Oracle EBS
2 3 (3.57%) Oracle EBS R12
2 3 (3.57%) Oracle ERP
2 3 (3.57%) SAP S/4HANA
3 2 (2.38%) Oracle Subledger Accounting
3 2 (2.38%) SAP FI
4 1 (1.19%) HFM
4 1 (1.19%) Oracle General Ledger
4 1 (1.19%) Oracle Receivables
4 1 (1.19%) PeopleSoft Financials
4 1 (1.19%) SAP CO
4 1 (1.19%) SAP FI/CO
Cloud Services
1 1 (1.19%) AWS
1 1 (1.19%) Azure
Database & Business Intelligence
1 13 (15.48%) SQL Server
2 6 (7.14%) Data Warehouse
3 5 (5.95%) Crystal Reports
3 5 (5.95%) QlikView
3 5 (5.95%) Relational Database
4 3 (3.57%) Data Mining
4 3 (3.57%) SQL Server 2012
5 1 (1.19%) Base SAS
5 1 (1.19%) Big Data
5 1 (1.19%) BusinessObjects
5 1 (1.19%) Data Lake
5 1 (1.19%) Hadoop
5 1 (1.19%) MS Access
5 1 (1.19%) OLAP
5 1 (1.19%) Oracle Reports
5 1 (1.19%) SAP BW
5 1 (1.19%) SAS Enterprise Guide
Development Applications
1 1 (1.19%) SQL Server Management Studio (SSMS)
General
1 58 (69.05%) Finance
2 14 (16.67%) Banking
3 7 (8.33%) General Ledger
4 3 (3.57%) Legal
5 1 (1.19%) Billing
5 1 (1.19%) Dutch Language
5 1 (1.19%) Private Banking
5 1 (1.19%) Telecoms
Job Titles
1 27 (32.14%) Analyst
2 11 (13.10%) Consultant
3 10 (11.90%) Data Analyst
4 7 (8.33%) Business Analyst
5 6 (7.14%) Project Manager
6 5 (5.95%) Accountant
6 5 (5.95%) Credit Analyst
6 5 (5.95%) Credit Risk Analyst
6 5 (5.95%) Developer
6 5 (5.95%) Risk Analyst
6 5 (5.95%) SAS Analyst
6 5 (5.95%) SAS Credit Risk Analyst
6 5 (5.95%) SAS Risk Analyst
6 5 (5.95%) Technical Analyst
7 4 (4.76%) Insurance Business Analyst
7 4 (4.76%) Oracle Consultant
7 4 (4.76%) SAP Consultant
8 3 (3.57%) Architect
8 3 (3.57%) Financial Analyst
8 3 (3.57%) Programme Manager
Libraries, Frameworks & Software Standards
1 6 (7.14%) XML
2 4 (4.76%) HTML
3 3 (3.57%) .NET
3 3 (3.57%) Oracle Fusion
4 2 (2.38%) .NET Framework
4 2 (2.38%) AngularJS
4 2 (2.38%) ASP.NET Web API
4 2 (2.38%) Entity Framework
4 2 (2.38%) JSON
4 2 (2.38%) KnockoutJS
4 2 (2.38%) Twitter Bootstrap
5 1 (1.19%) HTML5
5 1 (1.19%) Web Services
Miscellaneous
1 14 (16.67%) Credit Risk
2 10 (11.90%) Analytical Skills
3 2 (2.38%) Derivative
3 2 (2.38%) Self-Motivation
4 1 (1.19%) Foreign Exchange (FX)
4 1 (1.19%) Management Information System
4 1 (1.19%) Market Risk
4 1 (1.19%) Reinsurance
Processes & Methodologies
1 18 (21.43%) Stakeholder Management
2 16 (19.05%) Agile Software Development
3 14 (16.67%) Data Governance
4 13 (15.48%) Analytics
5 12 (14.29%) Business Intelligence
5 12 (14.29%) Waterfall
6 11 (13.10%) Credit Risk Modelling
6 11 (13.10%) Data Enrichment
7 10 (11.90%) Data Modelling
8 9 (10.71%) ERP
8 9 (10.71%) ETL
9 8 (9.52%) Data Analysis
9 8 (9.52%) Validation
10 7 (8.33%) Project Management
11 6 (7.14%) Data Architecture
11 6 (7.14%) Data Validation
11 6 (7.14%) Project Delivery
12 5 (5.95%) Business Analytics
12 5 (5.95%) Data Cleansing
12 5 (5.95%) Matrix Organization
Programming Languages
1 10 (11.90%) R
1 10 (11.90%) SQL
2 3 (3.57%) C#
2 3 (3.57%) Java
2 3 (3.57%) VBA
3 2 (2.38%) JavaScript
3 2 (2.38%) Python
4 1 (1.19%) Bash Shell
4 1 (1.19%) PowerShell
Qualifications
1 3 (3.57%) CIMA
1 3 (3.57%) Degree
2 2 (2.38%) CCAB
3 1 (1.19%) CFA
3 1 (1.19%) MBA
Quality Assurance & Compliance
1 20 (23.81%) Solvency II
2 18 (21.43%) IFRS 9
3 15 (17.86%) GDPR
4 6 (7.14%) GAAP
5 3 (3.57%) Basel III
6 2 (2.38%) Data Quality
6 2 (2.38%) FRS 29
6 2 (2.38%) Sarbanes-Oxley
6 2 (2.38%) SLA
7 1 (1.19%) Basel II
7 1 (1.19%) PMO
7 1 (1.19%) QA
Vendors
1 11 (13.10%) Oracle
2 7 (8.33%) SAP
3 1 (1.19%) Ariba
3 1 (1.19%) Hyperion
3 1 (1.19%) Microsoft
3 1 (1.19%) PeopleSoft