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 3 months to 30 April 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
3 months to
30 Apr 2017
Same period 2016 Same period 2015
Rank 595 638 617
Rank change year-on-year +43 -21  
Contract jobs citing FINREP 5 20 21
As % of all contract IT jobs advertised in the UK 0.011% 0.036% 0.038%
As % of the Quality Assurance & Compliance category 0.094% 0.32% 0.33%
Number of daily rates quoted 3 16 17
Median daily rate £500 £426 £600
Median daily rate % change year-on-year +17.30% -28.95%  
90% offered a daily rate of more than £410 £330 £350
10% offered a daily rate of more than £540 £608 £700
UK excluding London median daily rate - £420 £563
% change year-on-year - -25.33%  
Number of hourly rates quoted 0 0 0
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 5347 6202 6365
As % of all contract IT job vacancies advertised in the UK 11.54% 11.10% 11.39%
Number of daily rates quoted 3477 4017 3864
Median daily rate £450 £418 £400
Median daily rate % change year-on-year +7.78% +4.37%  
90% offered a daily rate of more than £270 £250 £245
10% offered a daily rate of more than £600 £590 £575
UK excluding London median daily rate £400 £389 £375
% change year-on-year +2.89% +3.66%  
Number of hourly rates quoted 156 199 180
Median hourly rate £22.70 £24.81 £25.00
Median hourly rate % change year-on-year -8.49% -0.77%  
90% offered a hourly rate of more than £11.97 £12.50 £11.86
10% offered a hourly rate of more than £51.00 £52.70 £47.61
UK excluding London median hourly rate £24.50 £33.00 £25.12
% change year-on-year -25.75% +31.36%  

FINREP
Job Vacancy Trend

The job posting trend of jobs advertised citing FINREP as a proportion of all contract or permanent IT jobs with a match in the Quality Assurance & Compliance category.

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 3 months to 30 April 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 3 months to 30 April 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +43 3 £500 +9.89% 2
London +27 3 £500 -25.92% 2
Scotland +37 1 - -
Edinburgh +17 1 - -
City of London - 1 £550 - 1

For the 6 months to 30 April 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 7 (100.00%) Finance
2 5 (71.43%) Banking
3 3 (42.86%) General Ledger
3 3 (42.86%) COREP
4 2 (28.57%) Project Planning
4 2 (28.57%) Degree
4 2 (28.57%) Derivative
4 2 (28.57%) Basel III
4 2 (28.57%) IFRS
4 2 (28.57%) IFRS 9
4 2 (28.57%) Agile Software Development
4 2 (28.57%) Scrum
4 2 (28.57%) Data Warehouse
4 2 (28.57%) Foreign Exchange (FX)
4 2 (28.57%) ETL
4 2 (28.57%) FTP
4 2 (28.57%) Microsoft
5 1 (14.29%) XBRL
5 1 (14.29%) Informatica
5 1 (14.29%) PowerCenter
5 1 (14.29%) C#
5 1 (14.29%) Oracle
5 1 (14.29%) SQL Server
5 1 (14.29%) Microsoft Office
5 1 (14.29%) SAP
5 1 (14.29%) XML
5 1 (14.29%) SAP R/3
5 1 (14.29%) Data Modelling
5 1 (14.29%) Financial Institution
5 1 (14.29%) Stakeholder Management

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:

Applications
1 1 (14.29%) Microsoft Office
Business Applications
1 1 (14.29%) SAP R/3
Communications & Networking
1 2 (28.57%) FTP
Database & Business Intelligence
1 2 (28.57%) Data Warehouse
2 1 (14.29%) Data Lake
2 1 (14.29%) Data Mart
2 1 (14.29%) Hadoop
2 1 (14.29%) PowerCenter
2 1 (14.29%) SQL Server
General
1 7 (100.00%) Finance
2 5 (71.43%) Banking
3 3 (42.86%) General Ledger
4 1 (14.29%) Financial Institution
Job Titles
1 4 (57.14%) Analyst
2 2 (28.57%) Business Analyst
2 2 (28.57%) Financial Analyst
2 2 (28.57%) Implementation Analyst
3 1 (14.29%) Developer
3 1 (14.29%) Finance Manager
3 1 (14.29%) IT Finance Manager
3 1 (14.29%) IT Manager
3 1 (14.29%) IT Risk Manager
3 1 (14.29%) Product Analyst
3 1 (14.29%) Project Leader
3 1 (14.29%) Risk Manager
3 1 (14.29%) Scrum Master
3 1 (14.29%) SQL Developer
3 1 (14.29%) SQL Server Developer
3 1 (14.29%) Test Manager
Libraries, Frameworks & Software Standards
1 1 (14.29%) Oracle Fusion
1 1 (14.29%) XBRL
1 1 (14.29%) XML
Miscellaneous
1 2 (28.57%) Derivative
1 2 (28.57%) Foreign Exchange (FX)
2 1 (14.29%) Fintech
Processes & Methodologies
1 2 (28.57%) Agile Software Development
1 2 (28.57%) ETL
1 2 (28.57%) Project Planning
1 2 (28.57%) Scrum
2 1 (14.29%) Business Analysis
2 1 (14.29%) Coaching
2 1 (14.29%) Cost-Benefit Analysis
2 1 (14.29%) Data Analysis
2 1 (14.29%) Data Lineage
2 1 (14.29%) Data Modelling
2 1 (14.29%) Regulatory Compliance
2 1 (14.29%) Requirements Management
2 1 (14.29%) Root Cause Analysis
2 1 (14.29%) Stakeholder Management
2 1 (14.29%) Test Planning
Programming Languages
1 1 (14.29%) C#
Qualifications
1 2 (28.57%) Degree
Quality Assurance & Compliance
1 3 (42.86%) COREP
2 2 (28.57%) Basel III
2 2 (28.57%) IFRS
2 2 (28.57%) IFRS 9
3 1 (14.29%) Data Quality
3 1 (14.29%) IAS 39
Vendors
1 2 (28.57%) Microsoft
2 1 (14.29%) Informatica
2 1 (14.29%) Oracle
2 1 (14.29%) SAP
City, London
McGregor Boyall
Posted: 4 days ago
London
McGregor Boyall
Posted: 5 days ago