Period
to 17 October 2018

The median contractor rate for a Financial Analyst was £350 per day in advertised job vacancies in Scotland during the 6 months to 17 October 2018.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to 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.

Finance Analyst
UK > Scotland
6 months to
17 Oct 2018
Same period 2017 Same period 2016
Rank 181 144 150
Rank change year-on-year -37 +6 -56
Contract jobs requiring a Financial Analyst 20 40 45
As % of all contract IT jobs advertised in Scotland 0.37% 0.82% 0.92%
As % of the Job Titles category 0.39% 0.86% 0.97%
Number of daily rates quoted 16 31 24
Scotland median daily rate £350 £375 £363
Median daily rate % change year-on-year -6.67% +3.45% +11.54%
10th Percentile £259 £260 £263
90th Percentile £450 £450 £488
UK median daily rate £425 £400 £400
% change year-on-year +6.25% - -
Number of hourly rates quoted 1 0 1
Scotland median hourly rate £13.50 - £16.50
10th Percentile £13.25 - £15.75
90th Percentile £13.75 - £17.25
UK median hourly rate £22.00 £25.50 £20.00
% change year-on-year -13.73% +27.50% +12.68%

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in Scotland. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
Scotland
Contract vacancies in Scotland with a recognized job title 5,092 4,637 4,617
% of contract IT jobs with a recognized job title 94.98% 95.53% 93.90%
Number of daily rates quoted 2,739 2,614 2,699
Scotland median daily rate £400 £388 £360
Median daily rate % change year-on-year +3.23% +7.64% -
10th Percentile £225 £230 £225
90th Percentile £550 £538 £494
UK median daily rate £450 £440 £425
% change year-on-year +2.27% +3.53% +6.25%
Number of hourly rates quoted 135 139 127
Scotland median hourly rate £17.50 £22.00 £19.50
Median hourly rate % change year-on-year -20.45% +12.82% -2.50%
10th Percentile £10.75 £11.23 £10.00
90th Percentile £44.71 £43.90 £42.70
UK median hourly rate £18.00 £18.70 £18.50
% change year-on-year -3.74% +1.08% +2.89%

Financial Analyst
Job Vacancy Trend in Scotland

Job postings that featured Financial Analyst in the job title as a percentage of all IT jobs advertised in Scotland.

Job vacancy trend for Financial Analyst in Scotland

Financial Analyst
Contractor Daily Rate Trend in Scotland

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Financial Analyst in Scotland.

Contractor daily rate trend for Financial Analyst in Scotland

Financial Analyst
Contractor Daily Rate Histogram in Scotland

The daily rate distribution of IT jobs citing Financial Analyst in Scotland over the 6 months to 17 October 2018.

Contractor daily rate histogram for Financial Analyst in Scotland

Financial Analyst
Contractor Hourly Rate Trend in Scotland

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Financial Analyst in Scotland.

Contractor hourly rate trend for Financial Analyst in Scotland

Financial Analyst
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Analyst within the Scotland region over the 6 months to 17 October 2018. 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
Edinburgh -27 14 £350 -6.67% 1
Glasgow -7 5 £338 -
Financial Analyst
UK

Financial Analyst Skill Set
Top 30 Co-occurring IT Skills in Scotland

For the 6 months to 17 October 2018, Financial Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Scotland region featuring Financial Analyst in the job title.

1 20 (100.00%) Finance
2 5 (25.00%) Business Analysis
3 4 (20.00%) Banking
3 4 (20.00%) Stakeholder Management
3 4 (20.00%) Agile Software Development
4 3 (15.00%) User Acceptance Testing
4 3 (15.00%) QA
4 3 (15.00%) Migration
5 2 (10.00%) Billing
5 2 (10.00%) Waterfall
5 2 (10.00%) SQL
5 2 (10.00%) SQL Server
5 2 (10.00%) Microsoft Office
5 2 (10.00%) SAP
5 2 (10.00%) ERP
5 2 (10.00%) Software Delivery
5 2 (10.00%) Translating Business Requirements
5 2 (10.00%) Greenfield Project
5 2 (10.00%) Accounts Payable
6 1 (5.00%) npm
6 1 (5.00%) Customer-Centricity
6 1 (5.00%) Collaborative Working
6 1 (5.00%) Defect Management
6 1 (5.00%) RxJS
6 1 (5.00%) Identity Access Management
6 1 (5.00%) Budgeting and Forecasting
6 1 (5.00%) GDPR
6 1 (5.00%) FRS 29
6 1 (5.00%) IFRS
6 1 (5.00%) Business Process Analysis

Financial Analyst Skill Set
Co-occurring IT Skills in Scotland 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 1 (5.00%) SAS
Applications
1 2 (10.00%) Microsoft Office
2 1 (5.00%) Microsoft Excel
2 1 (5.00%) MS Visio
Business Applications
1 1 (5.00%) Oracle EBS
Cloud Services
1 1 (5.00%) npm
Database & Business Intelligence
1 2 (10.00%) SQL Server
2 1 (5.00%) DB2
2 1 (5.00%) Relational Database
Development Applications
1 1 (5.00%) MSTest
General
1 20 (100.00%) Finance
2 4 (20.00%) Banking
3 2 (10.00%) Billing
4 1 (5.00%) Financial Institution
4 1 (5.00%) General Ledger
Libraries, Frameworks & Software Standards
1 1 (5.00%) .NET
1 1 (5.00%) .NET Framework
1 1 (5.00%) AngularJS
1 1 (5.00%) ASP.NET Web API
1 1 (5.00%) Entity Framework
1 1 (5.00%) Flash
1 1 (5.00%) RxJS
Miscellaneous
1 2 (10.00%) Greenfield Project
2 1 (5.00%) Analytical Skills
2 1 (5.00%) Credit Risk
2 1 (5.00%) Foreign Exchange (FX)
Processes & Methodologies
1 5 (25.00%) Business Analysis
2 4 (20.00%) Agile Software Development
2 4 (20.00%) Stakeholder Management
3 3 (15.00%) Migration
3 3 (15.00%) User Acceptance Testing
4 2 (10.00%) Accounts Payable
4 2 (10.00%) ERP
4 2 (10.00%) Software Delivery
4 2 (10.00%) Translating Business Requirements
4 2 (10.00%) Waterfall
5 1 (5.00%) Budgeting and Forecasting
5 1 (5.00%) Business Process Analysis
5 1 (5.00%) Business Transformation
5 1 (5.00%) Collaborative Working
5 1 (5.00%) Continuous Improvement
5 1 (5.00%) Customer-Centricity
5 1 (5.00%) Process Improvement
5 1 (5.00%) Project Governance
5 1 (5.00%) User Stories
5 1 (5.00%) Wealth Management
Programming Languages
1 2 (10.00%) SQL
2 1 (5.00%) C
2 1 (5.00%) C#
2 1 (5.00%) T-SQL
2 1 (5.00%) TypeScript
2 1 (5.00%) VBA
Quality Assurance & Compliance
1 3 (15.00%) QA
2 1 (5.00%) FINREP
2 1 (5.00%) FRS 29
2 1 (5.00%) GDPR
2 1 (5.00%) IFRS
2 1 (5.00%) PMO
Vendors
1 2 (10.00%) SAP
2 1 (5.00%) Microsoft
2 1 (5.00%) Oracle
2 1 (5.00%) Tableau