Period
to

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for FINREP skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FINREP 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.

Financial Reporting (FINREP)
England > London
6 months to
27 May 2022
Same period 2021 Same period 2020
Rank 577 463 418
Rank change year-on-year -114 -45 +169
Contract jobs citing FINREP 6 11 4
As % of all contract jobs advertised in London 0.015% 0.045% 0.021%
As % of the Quality Assurance & Compliance category 0.12% 0.37% 0.19%
Number of daily rates quoted 4 4 4
10th Percentile £596 £358 £637
25th Percentile £647 £369 £645
Median daily rate (50th Percentile) £775 £375 £650
Median % change year-on-year +106.67% -42.31% +8.33%
75th Percentile £853 £456 £675
90th Percentile £859 £603 £720
England median daily rate £775 £375 £650
% change year-on-year +106.67% -42.31% +8.33%

FINREP 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 London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
London
Contract vacancies with a requirement for quality assurance or compliance skills 4,970 2,952 2,137
As % of all contract IT jobs advertised in London 12.77% 11.99% 10.99%
Number of daily rates quoted 3,499 2,004 1,493
10th Percentile £350 £316 £300
25th Percentile £450 £413 £400
Median daily rate (50th Percentile) £550 £500 £500
Median % change year-on-year +10.00% - -
75th Percentile £653 £608 £586
90th Percentile £756 £688 £650
England median daily rate £525 £475 £463
% change year-on-year +10.53% +2.70% +1.65%
Number of hourly rates quoted 85 24 44
10th Percentile £20.00 £14.00 £15.95
25th Percentile £25.25 £15.80 £19.17
Median hourly rate £44.50 £20.00 £30.89
Median % change year-on-year +122.50% -35.24% +47.85%
75th Percentile £49.25 £33.31 £41.48
90th Percentile £68.25 £38.93 £54.63
England median hourly rate £27.73 £21.00 £25.60
% change year-on-year +32.05% -17.95% +14.47%

FINREP
Job Vacancy Trend in London

Job postings citing FINREP as a proportion of all IT jobs advertised in London.

Job vacancy trend for FINREP in London

FINREP
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing FINREP in London.

Daily rate trend for FINREP in London

FINREP
Daily Rate Histogram in London

Daily rate distribution for jobs citing FINREP in London over the 6 months to 27 May 2022.

Daily rate histogram for FINREP in London

FINREP
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FINREP within the London region over the 6 months to 27 May 2022. 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
Jobs
Central London - 1 £825 -
FINREP
England

For the 6 months to 27 May 2022, IT contractor jobs citing FINREP 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 London region with a requirement for FINREP.

1 6 (100.00%) COREP
2 5 (83.33%) SQL
3 3 (50.00%) PL/SQL
3 3 (50.00%) XBRL
3 3 (50.00%) Oracle
3 3 (50.00%) Finance
3 3 (50.00%) Agile
3 3 (50.00%) Banking
4 2 (33.33%) Teradata
4 2 (33.33%) Analytical Skills
4 2 (33.33%) SAS EBI
4 2 (33.33%) SAS Macro
4 2 (33.33%) Base SAS
4 2 (33.33%) SAS Enterprise Guide
4 2 (33.33%) Relational Database
4 2 (33.33%) CRD IV
4 2 (33.33%) SQL Server
4 2 (33.33%) DB2
4 2 (33.33%) Microsoft Excel
4 2 (33.33%) Data Warehouse
4 2 (33.33%) Data Modelling
4 2 (33.33%) SAS
4 2 (33.33%) Business Intelligence
4 2 (33.33%) RDBMS
4 2 (33.33%) Risk Management
4 2 (33.33%) Actionable Insight
4 2 (33.33%) Actionable Recommendations
4 2 (33.33%) IFRS
4 2 (33.33%) IFRS 9
4 2 (33.33%) Credit Risk

FINREP
Co-occurring IT Skills in 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 (33.33%) SAS
Applications
1 2 (33.33%) Microsoft Excel
Business Applications
1 1 (16.67%) OneSumX
Database & Business Intelligence
1 2 (33.33%) Base SAS
1 2 (33.33%) Data Warehouse
1 2 (33.33%) DB2
1 2 (33.33%) RDBMS
1 2 (33.33%) Relational Database
1 2 (33.33%) SAS EBI
1 2 (33.33%) SAS Enterprise Guide
1 2 (33.33%) SQL Server
Development Applications
1 1 (16.67%) JIRA
General
1 3 (50.00%) Banking
1 3 (50.00%) Finance
2 2 (33.33%) Analytical Skills
3 1 (16.67%) Investment Banking
3 1 (16.67%) Social Skills
Job Titles
1 5 (83.33%) Developer
2 2 (33.33%) Credit Risk Developer
2 2 (33.33%) SAS Developer
2 2 (33.33%) Senior Developer
3 1 (16.67%) Business Analyst
3 1 (16.67%) Data Engineer
3 1 (16.67%) Tester
Libraries, Frameworks & Software Standards
1 3 (50.00%) XBRL
Miscellaneous
1 2 (33.33%) Credit Risk
Processes & Methodologies
1 3 (50.00%) Agile
2 2 (33.33%) Actionable Insight
2 2 (33.33%) Business Intelligence
2 2 (33.33%) Data Modelling
2 2 (33.33%) Risk Management
3 1 (16.67%) ETL
3 1 (16.67%) Regression Testing
3 1 (16.67%) User Acceptance Testing
3 1 (16.67%) Validation
Programming Languages
1 5 (83.33%) SQL
2 3 (50.00%) PL/SQL
3 2 (33.33%) SAS Macro
Quality Assurance & Compliance
1 6 (100.00%) COREP
2 2 (33.33%) Actionable Recommendations
2 2 (33.33%) CRD IV
2 2 (33.33%) IFRS
2 2 (33.33%) IFRS 9
Vendors
1 3 (50.00%) Oracle
2 2 (33.33%) Teradata
3 1 (16.67%) Wolters Kluwer