Period
to 22 July 2017

The following table provides summary statistics for contract job vacancies 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 22 July 2017 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)
UK
6 months to
22 Jul 2017
Same period 2016 Same period 2015
Rank 830 865 853
Rank change year-on-year +35 -12 -44
Contract jobs citing FINREP 15 22 36
As % of all contract IT jobs advertised in the UK 0.016% 0.020% 0.032%
As % of the Quality Assurance & Compliance category 0.13% 0.18% 0.27%
Number of daily rates quoted 12 18 29
UK median daily rate £600 £439 £600
Median daily rate % change year-on-year +36.75% -26.88% +9.09%
10th Percentile £393 £315 £350
90th Percentile £625 £713 £695
UK excluding London median daily rate £275 £426 £575
% change year-on-year -35.48% -25.87% +4.55%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

FINREP is in the quality assurance and compliance skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for quality assurance and compliance skills.

Contract Quality Assurance & Compliance Skills
UK
Contract job vacancies with a requirement for quality assurance and compliance skills 11193 12412 13218
As % of all contract IT job vacancies advertised in the UK 11.67% 11.28% 11.70%
Number of daily rates quoted 7259 7982 8352
UK median daily rate £438 £410 £400
Median daily rate % change year-on-year +6.71% +2.50% -
10th Percentile £250 £225 £225
90th Percentile £625 £591 £588
UK excluding London median daily rate £400 £375 £375
% change year-on-year +6.67% - +5.63%
Number of hourly rates quoted 372 417 391
UK median hourly rate £20.00 £22.00 £21.55
Median hourly rate % change year-on-year -9.09% +2.09% +7.75%
10th Percentile £11.00 £10.75 £11.25
90th Percentile £52.50 £50.25 £51.17
UK excluding London median hourly rate £19.25 £22.00 £21.55
% change year-on-year -12.50% +2.09% +9.11%

FINREP
Job Vacancy Trend

Job postings citing FINREP as a percentage of all IT jobs advertised.

Job vacancy trend for FINREP in the UK

FINREP
Contractor Daily Rate Trend

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

Contractor daily rate trend for FINREP in the UK

FINREP
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing FINREP over the 6 months to 22 July 2017.

Contractor daily rate histogram for FINREP in the UK

FINREP
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FINREP within the UK over the 6 months to 22 July 2017. 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
England +54 12 £600 +29.03%
London +13 11 £600 -11.11%
UK excluding London +54 3 £275 -35.48%
Scotland +33 2 £275 -16.67%
South West - 1 - -

For the 6 months to 22 July 2017, IT contractor jobs citing FINREP also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for FINREP.

1 14 (93.33%) Finance
2 12 (80.00%) Banking
3 8 (53.33%) COREP
4 6 (40.00%) Data Analysis
4 6 (40.00%) Investment Banking
5 5 (33.33%) Agile Software Development
5 5 (33.33%) Stakeholder Management
6 3 (20.00%) Waterfall
6 3 (20.00%) Degree
6 3 (20.00%) SQL
6 3 (20.00%) Oracle
7 2 (13.33%) Project Planning
7 2 (13.33%) Foreign Exchange (FX)
7 2 (13.33%) FTP
7 2 (13.33%) General Ledger
7 2 (13.33%) Credit Risk
7 2 (13.33%) Derivative
7 2 (13.33%) Business Analysis
7 2 (13.33%) Analytical Skills
8 1 (6.67%) People Management
8 1 (6.67%) Target Operating Model
8 1 (6.67%) Data Lineage
8 1 (6.67%) Prototyping
8 1 (6.67%) Data Lake
8 1 (6.67%) Regulatory Compliance
8 1 (6.67%) IFRS
8 1 (6.67%) IFRS 9
8 1 (6.67%) Cost-Benefit Analysis
8 1 (6.67%) Basel III
8 1 (6.67%) Project Governance

FINREP
Co-occurring IT Skills 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:

Communications & Networking
1 2 (13.33%) FTP
Database & Business Intelligence
1 1 (6.67%) Data Lake
1 1 (6.67%) Data Warehouse
1 1 (6.67%) Hadoop
1 1 (6.67%) PowerCenter
General
1 14 (93.33%) Finance
2 12 (80.00%) Banking
3 6 (40.00%) Investment Banking
4 2 (13.33%) General Ledger
5 1 (6.67%) Retail
Job Titles
1 13 (86.67%) Analyst
2 10 (66.67%) Business Analyst
3 5 (33.33%) Regulatory Business Analyst
4 3 (20.00%) Financial Analyst
5 2 (13.33%) Implementation Analyst
5 2 (13.33%) Report Analyst
6 1 (6.67%) Banking Analyst
6 1 (6.67%) Business IT Analyst
6 1 (6.67%) Data Analyst
6 1 (6.67%) Financial Business Analyst
6 1 (6.67%) IT Finance Manager
6 1 (6.67%) IT Manager
6 1 (6.67%) IT Risk Manager
6 1 (6.67%) Process Analyst
6 1 (6.67%) Project Leader
6 1 (6.67%) Risk Manager
6 1 (6.67%) Technical Analyst
6 1 (6.67%) Technical Business Analyst
6 1 (6.67%) Test Analyst
6 1 (6.67%) Test Manager
Miscellaneous
1 2 (13.33%) Analytical Skills
1 2 (13.33%) Credit Risk
1 2 (13.33%) Derivative
1 2 (13.33%) Foreign Exchange (FX)
2 1 (6.67%) Reference Data
Processes & Methodologies
1 6 (40.00%) Data Analysis
2 5 (33.33%) Agile Software Development
2 5 (33.33%) Stakeholder Management
3 3 (20.00%) Waterfall
4 2 (13.33%) Business Analysis
4 2 (13.33%) Project Planning
5 1 (6.67%) Coaching
5 1 (6.67%) Cost-Benefit Analysis
5 1 (6.67%) Data Lineage
5 1 (6.67%) ETL
5 1 (6.67%) People Management
5 1 (6.67%) Process Improvement
5 1 (6.67%) Project Governance
5 1 (6.67%) Prototyping
5 1 (6.67%) Root Cause Analysis
5 1 (6.67%) Scrum
5 1 (6.67%) Six Sigma
5 1 (6.67%) Target Operating Model
5 1 (6.67%) Test Planning
5 1 (6.67%) User Acceptance Testing
Programming Languages
1 3 (20.00%) SQL
2 1 (6.67%) VBA
Qualifications
1 3 (20.00%) Degree
2 1 (6.67%) ACCA
2 1 (6.67%) CIMA
2 1 (6.67%) Six Sigma Green Belt
Quality Assurance & Compliance
1 8 (53.33%) COREP
2 1 (6.67%) Basel III
2 1 (6.67%) Data Quality
2 1 (6.67%) IAS 39
2 1 (6.67%) IFRS
2 1 (6.67%) IFRS 9
Vendors
1 3 (20.00%) Oracle
2 1 (6.67%) Informatica