Period
to 21 January 2019

The median contractor rate for a Financial Analyst was £350 per day in advertised job vacancies in Scotland during the 6 months to 21 January 2019.

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
21 Jan 2019
Same period 2018 Same period 2017
Rank 176 134 152
Rank change year-on-year -42 +18 -30
Contract jobs requiring a Financial Analyst 14 49 17
As % of all contract IT jobs advertised in Scotland 0.30% 1.04% 0.45%
As % of the Job Titles category 0.31% 1.09% 0.48%
Number of daily rates quoted 13 37 14
Scotland median daily rate £350 £375 £350
Median daily rate % change year-on-year -6.67% +7.14% +12.90%
10th Percentile £228 £286 £253
90th Percentile £462 £465 £458
UK median daily rate £400 £413 £425
% change year-on-year -3.03% -2.94% +6.25%
Number of hourly rates quoted 0 0 1
Scotland median hourly rate - - £16.50
UK median hourly rate £20.75 £22.50 £20.00
% change year-on-year -7.78% +12.50% -11.11%

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 4,462 4,506 3,552
% of contract IT jobs with a recognized job title 95.06% 95.79% 94.90%
Number of daily rates quoted 2,513 2,628 2,064
Scotland median daily rate £405 £390 £363
Median daily rate % change year-on-year +3.85% +7.59% -3.33%
10th Percentile £218 £225 £219
90th Percentile £563 £538 £501
UK median daily rate £450 £450 £425
% change year-on-year - +5.88% +3.03%
Number of hourly rates quoted 111 112 132
Scotland median hourly rate £19.00 £19.50 £17.32
Median hourly rate % change year-on-year -2.56% +12.59% -17.52%
10th Percentile £11.17 £10.79 £10.66
90th Percentile £44.50 £35.00 £49.84
UK median hourly rate £18.70 £18.50 £18.00
% change year-on-year +1.08% +2.78% -5.26%

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 21 January 2019.

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 21 January 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
Edinburgh -28 8 £373 -0.53% 3
Glasgow -20 3 £338 +162.65%
Stirling - 2 £435 -
Aberdeen +7 1 £200 -20.00%
Financial Analyst
UK

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

For the 6 months to 21 January 2019, 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 14 (100.00%) Finance
2 5 (35.71%) Microsoft
3 4 (28.57%) SQL
3 4 (28.57%) Microsoft Office
3 4 (28.57%) Agile Software Development
4 3 (21.43%) VBA
4 3 (21.43%) SQL Server
4 3 (21.43%) Microsoft Excel
4 3 (21.43%) ERP
4 3 (21.43%) Migration
5 2 (14.29%) Active Directory
5 2 (14.29%) Charles River
5 2 (14.29%) Blackberry
5 2 (14.29%) SAP
5 2 (14.29%) Windows
5 2 (14.29%) Microsoft Analysis Services
5 2 (14.29%) SQL Server Reporting Services
5 2 (14.29%) QA
5 2 (14.29%) Business Analysis
5 2 (14.29%) thinkFolio
5 2 (14.29%) User Acceptance Testing
5 2 (14.29%) SQL Server Analysis Services
5 2 (14.29%) iPhone
5 2 (14.29%) Windows 7
5 2 (14.29%) Stakeholder Engagement
5 2 (14.29%) iPad
5 2 (14.29%) ServiceNow
5 2 (14.29%) Software Delivery
5 2 (14.29%) Translating Business Requirements
5 2 (14.29%) Functional Testing

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 (7.14%) SAS
1 1 (7.14%) SharePoint
Applications
1 4 (28.57%) Microsoft Office
2 3 (21.43%) Microsoft Excel
Business Applications
1 2 (14.29%) thinkFolio
Communications & Networking
1 2 (14.29%) LAN
Database & Business Intelligence
1 3 (21.43%) SQL Server
2 2 (14.29%) Microsoft Analysis Services
2 2 (14.29%) SQL Server Analysis Services
2 2 (14.29%) SQL Server Reporting Services
3 1 (7.14%) DB2
3 1 (7.14%) Relational Database
Development Applications
1 1 (7.14%) JIRA
General
1 14 (100.00%) Finance
2 1 (7.14%) Banking
2 1 (7.14%) Billing
2 1 (7.14%) Financial Institution
2 1 (7.14%) General Ledger
Libraries, Frameworks & Software Standards
1 1 (7.14%) Flash
Miscellaneous
1 2 (14.29%) Blackberry
1 2 (14.29%) Greenfield Project
1 2 (14.29%) iPad
1 2 (14.29%) iPhone
2 1 (7.14%) Analytical Skills
2 1 (7.14%) Credit Risk
2 1 (7.14%) Foreign Exchange (FX)
Operating Systems
1 2 (14.29%) Windows
1 2 (14.29%) Windows 7
Processes & Methodologies
1 4 (28.57%) Agile Software Development
2 3 (21.43%) ERP
2 3 (21.43%) Migration
3 2 (14.29%) Accounts Payable
3 2 (14.29%) Business Analysis
3 2 (14.29%) Functional Testing
3 2 (14.29%) Non-Functional Testing
3 2 (14.29%) Software Delivery
3 2 (14.29%) Stakeholder Engagement
3 2 (14.29%) Translating Business Requirements
3 2 (14.29%) User Acceptance Testing
4 1 (7.14%) Budgeting and Forecasting
4 1 (7.14%) Business Transformation
4 1 (7.14%) Continuous Improvement
4 1 (7.14%) Customer-Centricity
4 1 (7.14%) Investment Management
4 1 (7.14%) Procure-to-Pay
4 1 (7.14%) Project Governance
4 1 (7.14%) Waterfall
4 1 (7.14%) Workshop Facilitation
Programming Languages
1 4 (28.57%) SQL
2 3 (21.43%) VBA
Quality Assurance & Compliance
1 2 (14.29%) QA
2 1 (7.14%) FINREP
2 1 (7.14%) FRS 29
2 1 (7.14%) GDPR
2 1 (7.14%) IFRS
2 1 (7.14%) PMO
System Software
1 2 (14.29%) Active Directory
Vendors
1 5 (35.71%) Microsoft
2 2 (14.29%) Charles River
2 2 (14.29%) SAP
2 2 (14.29%) ServiceNow
3 1 (7.14%) Tableau