Accounts Payable Contracts

Accounts Payable
UK

The following table provides summary statistics for contract job vacancies with a requirement for Accounts Payable skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Accounts Payable over the 6 months to 11 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
11 May 2024
Same period 2023 Same period 2022
Rank 462 628 689
Rank change year-on-year +166 +61 -38
Contract jobs citing Accounts Payable 128 71 155
As % of all contract jobs advertised in the UK 0.30% 0.12% 0.18%
As % of the Processes & Methodologies category 0.35% 0.14% 0.20%
Number of daily rates quoted 56 26 106
10th Percentile £300 £488 £456
25th Percentile £400 £500 £525
Median daily rate (50th Percentile) £500 £575 £575
Median % change year-on-year -13.04% - +27.78%
75th Percentile £630 £608 £613
90th Percentile £673 £719 £700
UK excluding London median daily rate £495 £525 £550
% change year-on-year -5.71% -4.55% +22.22%
Number of hourly rates quoted 12 0 0
10th Percentile £10.88 - -
25th Percentile £16.69 - -
Median hourly rate £19.50 - -
75th Percentile £20.75 - -
90th Percentile - - -
UK excluding London median hourly rate £19.50 - -

All Process and Methodology Skills
UK

Accounts Payable is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,094 51,920 79,222
As % of all contract IT jobs advertised in the UK 86.26% 89.82% 90.60%
Number of daily rates quoted 23,889 35,981 55,625
10th Percentile £300 £325 £343
25th Percentile £413 £438 £426
Median daily rate (50th Percentile) £525 £550 £530
Median % change year-on-year -4.55% +3.77% +8.72%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +8.57%
Number of hourly rates quoted 2,438 1,716 1,886
10th Percentile £12.75 £11.00 £12.50
25th Percentile £16.00 £16.24 £15.50
Median hourly rate £36.50 £36.40 £25.68
Median % change year-on-year +0.29% +41.73% +4.82%
75th Percentile £60.00 £65.00 £49.50
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £38.06 £35.00 £20.00
% change year-on-year +8.74% +75.00% -6.98%

Accounts Payable
Job Vacancy Trend

Job postings citing Accounts Payable as a proportion of all IT jobs advertised.

Job vacancy trend for Accounts Payable in the UK

Accounts Payable
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Accounts Payable.

Daily rate trend for Accounts Payable in the UK

Accounts Payable
Daily Rate Histogram

Daily rate distribution for jobs citing Accounts Payable over the 6 months to 11 May 2024.

Daily rate histogram for Accounts Payable in the UK

Accounts Payable
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Accounts Payable.

Hourly rate trend for Accounts Payable in the UK

Accounts Payable
Hourly Rate Histogram

Hourly rate distribution of jobs citing Accounts Payable over the 6 months to 11 May 2024.

Hourly rate histogram for Accounts Payable in the UK

Accounts Payable
Top 14 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Accounts Payable within the UK over the 6 months to 11 May 2024. 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
England +156 104 £500 -11.11% 74
Work from Home +150 56 £425 -26.09% 56
London +117 55 £600 +4.35% 20
UK excluding London +83 49 £495 -5.71% 52
East of England +26 16 £500 - 5
North of England +38 13 £525 +5.00% 20
South East +28 13 £350 -36.36% 10
North West - 8 £525 - 9
Scotland +46 5 - - 4
South West +16 5 £143 - 6
North East - 3 £400 - 5
Yorkshire +10 2 £650 +30.00% 6
East Midlands - 1 £775 - 2
Midlands - 1 £775 - 7

Accounts Payable
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (0.78%) SharePoint
Applications
1 13 (10.16%) Microsoft Excel
2 4 (3.13%) Microsoft Office
3 1 (0.78%) Spreadsheet
Business Applications
1 33 (25.78%) Oracle Payables
2 27 (21.09%) Dynamics AX
3 22 (17.19%) Oracle Assets
4 21 (16.41%) Oracle General Ledger
5 18 (14.06%) Oracle AGIS
5 18 (14.06%) Oracle EBS
6 17 (13.28%) Oracle Receivables
7 16 (12.50%) OpenText VIM for SAP
8 12 (9.38%) SAP FI-AP
9 10 (7.81%) Oracle Cash Management
10 8 (6.25%) SAP S/4HANA
11 7 (5.47%) Oracle EBS R12
12 6 (4.69%) NetSuite
12 6 (4.69%) Oracle Financials
13 5 (3.91%) Unit4 Business World
14 4 (3.13%) Oracle Applications
15 3 (2.34%) Oracle Procure-to-Pay
15 3 (2.34%) SAP CO
15 3 (2.34%) SAP FI
15 3 (2.34%) SAP SD
Cloud Services
1 37 (28.91%) Dynamics 365
2 29 (22.66%) Azure
3 28 (21.88%) Azure DevOps
3 28 (21.88%) Power Platform
4 27 (21.09%) Power Automate
4 27 (21.09%) PowerApps
5 6 (4.69%) OCI
6 2 (1.56%) AWS
7 1 (0.78%) GCP
7 1 (0.78%) SaaS
7 1 (0.78%) SAP Fieldglass
7 1 (0.78%) SuccessFactors
Database & Business Intelligence
1 27 (21.09%) Data Lake
1 27 (21.09%) Power BI
2 3 (2.34%) Oracle Reports
3 2 (1.56%) Oracle Database
4 1 (0.78%) Data Mining
4 1 (0.78%) Oracle BI Publisher
4 1 (0.78%) SAP HANA
General
1 102 (79.69%) Finance
2 68 (53.13%) Social Skills
3 64 (50.00%) General Ledger
4 53 (41.41%) Analytical Skills
5 33 (25.78%) Retail
6 16 (12.50%) Public Sector
7 15 (11.72%) Manufacturing
8 9 (7.03%) Banking
9 7 (5.47%) Pharmaceutical
10 3 (2.34%) Billing
10 3 (2.34%) Presentation Skills
11 2 (1.56%) German Language
11 2 (1.56%) Legal
11 2 (1.56%) Local Government
12 1 (0.78%) Documentation Skills
12 1 (0.78%) Investment Banking
12 1 (0.78%) Organisational Skills
12 1 (0.78%) Retail Banking
Job Titles
1 45 (35.16%) Consultant
2 21 (16.41%) Architect
3 19 (14.84%) Microsoft Consultant
4 16 (12.50%) Dynamics 365 Consultant
4 16 (12.50%) Functional Consultant
5 14 (10.94%) Solutions Architect
6 11 (8.59%) Oracle Architect
6 11 (8.59%) Oracle Solutions Architect
7 10 (7.81%) Analyst
7 10 (7.81%) Developer
7 10 (7.81%) Lead
8 9 (7.03%) Administrator
9 6 (4.69%) Oracle Consultant
10 5 (3.91%) Accounts Payable Clerk
10 5 (3.91%) Financial Analyst
10 5 (3.91%) Oracle Functional Consultant
10 5 (3.91%) Project Manager
10 5 (3.91%) Senior
11 4 (3.13%) Accounts Payable Administrator
11 4 (3.13%) Commercial Administrator
Libraries, Frameworks & Software Standards
1 11 (8.59%) EDI
1 11 (8.59%) IDoc
2 8 (6.25%) SAP Business Workflow
3 2 (1.56%) Oracle Fusion
Miscellaneous
1 30 (23.44%) Data Structures
2 4 (3.13%) Renewable Energy
2 4 (3.13%) Virtual Team
3 2 (1.56%) Onboarding
4 1 (0.78%) Analytical Mindset
4 1 (0.78%) Legacy Systems
4 1 (0.78%) Life Science
4 1 (0.78%) Management Information System
4 1 (0.78%) PMI
Processes & Methodologies
1 63 (49.22%) Accounts Receivable
2 33 (25.78%) Requirements Gathering
3 30 (23.44%) Business Intelligence
4 29 (22.66%) Requirements Workshops
5 28 (21.88%) DevOps
6 20 (15.63%) Problem-Solving
7 16 (12.50%) Test Scripting
8 15 (11.72%) Cash Management
8 15 (11.72%) End-to-End Testing
9 14 (10.94%) ERP
10 11 (8.59%) Analytics
10 11 (8.59%) Invoice Processing
10 11 (8.59%) Workflow
11 10 (7.81%) OCR
11 10 (7.81%) Root Cause Analysis
12 8 (6.25%) Data Modelling
12 8 (6.25%) Migration
13 7 (5.47%) Customer Service
13 7 (5.47%) Project Management
14 6 (4.69%) Budgeting
Programming Languages
1 11 (8.59%) ABAP
2 6 (4.69%) SQL
3 3 (2.34%) PL/SQL
4 1 (0.78%) X++
Qualifications
1 35 (27.34%) Degree
2 4 (3.13%) Master's Degree
3 3 (2.34%) AAT
3 3 (2.34%) Microsoft Certification
4 2 (1.56%) ACCA
4 2 (1.56%) CCA
4 2 (1.56%) CIMA
4 2 (1.56%) SAP Certification
5 1 (0.78%) PMI Certification
5 1 (0.78%) PMP
Quality Assurance & Compliance
1 15 (11.72%) GAAP
2 3 (2.34%) GDPR
2 3 (2.34%) SLA
3 2 (1.56%) PMO
4 1 (0.78%) GxP
4 1 (0.78%) IFRS
4 1 (0.78%) QA
Vendors
1 51 (39.84%) Microsoft
2 33 (25.78%) Oracle
2 33 (25.78%) SAP
3 12 (9.38%) OpenText
4 5 (3.91%) Ariba
4 5 (3.91%) Workday
5 2 (1.56%) PeopleSoft
6 1 (0.78%) Concur
6 1 (0.78%) ServiceNow