The following table provides summary statistics for contract job vacancies with a requirement for Fund Accounting skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Fund Accounting over the 3 months to 23 March 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.

3 months to
23 Mar 2017
Same period 2016 Same period 2015
Fund Accounting
UK
Rank 588 582 574
Rank change year-on-year -6 -8  
Contract jobs citing Fund Accounting 11 46 47
As % of all contract IT jobs advertised in the UK 0.025% 0.087% 0.090%
As % of the Processes & Methodologies category 0.030% 0.11% 0.11%
Number of daily rates quoted 10 45 32
Median daily rate £600 £550 £525
Median daily rate % change year-on-year +9.09% +4.76%  
90% offered a daily rate of more than £524 £445 £451
10% offered a daily rate of more than £750 £600 £625
UK excluding London median daily rate - £520 £475
% change year-on-year - +9.47%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Fund Accounting is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process and methodology skills.

Contract Process & Methodology Skills
UK
Contract job vacancies with a requirement for process and methodology skills 37155 43761 41746
As % of all contract IT job vacancies advertised in the UK 83.08% 82.85% 79.73%
Number of daily rates quoted 24488 28705 25865
Median daily rate £450 £425 £420
Median daily rate % change year-on-year +5.88% +1.19%  
90% offered a daily rate of more than £300 £300 £275
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £410 £400 £399
% change year-on-year +2.50% +0.29%  
Number of hourly rates quoted 940 1103 1195
Median hourly rate £35.00 £37.50 £27.50
Median hourly rate % change year-on-year -6.66% +36.36%  
90% offered a hourly rate of more than £13.00 £13.00 £12.10
10% offered a hourly rate of more than £53.00 £55.00 £49.50
UK excluding London median hourly rate £36.00 £39.00 £30.00
% change year-on-year -7.69% +30.00%  

Fund Accounting
Job Vacancy Trend

The job posting trend of jobs advertised citing Fund Accounting as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Fund Accounting in the UK

Fund Accounting
Contractor Daily Rate Trend

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

Contractor daily rate trend for Fund Accounting in the UK

Fund Accounting
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Fund Accounting over the 3 months to 23 March 2017.

Contractor daily rate histogram for Fund Accounting in the UK

Fund Accounting
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Fund Accounting.

Contractor hourly rate trend for Fund Accounting in the UK

Fund Accounting
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Fund Accounting within the UK over the 3 months to 23 March 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 +5 11 £600 +9.09%
London -6 11 £600 +9.09%

Fund Accounting
Top 30 Related IT Skills

For the 6 months to 23 March 2017, IT contractor jobs citing Fund Accounting 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 Fund Accounting.

1 19 (59.38%) Finance
2 14 (43.75%) MiFID
3 13 (40.63%) Change Management
4 12 (37.50%) Asset Management
5 10 (31.25%) Business Analysis
5 10 (31.25%) Investment Management
6 8 (25.00%) Project Management
7 7 (21.88%) Cash Management
8 6 (18.75%) Stakeholder Management
8 6 (18.75%) Derivative
8 6 (18.75%) Banking
9 5 (15.63%) Budgeting and Forecasting
10 4 (12.50%) EMIR
10 4 (12.50%) Investment Banking
10 4 (12.50%) Oracle
11 3 (9.38%) MS Project
11 3 (9.38%) MS Excel
11 3 (9.38%) E-Commerce
11 3 (9.38%) Foreign Exchange (FX)
11 3 (9.38%) Fund Management
11 3 (9.38%) MS PowerPoint
11 3 (9.38%) Data Analysis
11 3 (9.38%) Legal
11 3 (9.38%) Migration
11 3 (9.38%) Functional Testing
11 3 (9.38%) User Acceptance Testing
11 3 (9.38%) System Integration Testing
11 3 (9.38%) Target Operating Model
12 2 (6.25%) Translating Business Requirements
12 2 (6.25%) Analytical Skills

Fund Accounting
Top Related 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:

Application Platforms
1 2 (6.25%) SharePoint
Applications
1 3 (9.38%) MS Excel
1 3 (9.38%) MS PowerPoint
1 3 (9.38%) MS Project
2 2 (6.25%) MS Visio
Business Applications
1 2 (6.25%) SimCorp Dimension
1 2 (6.25%) thinkFolio
2 1 (3.13%) Markit EDM
Database & Business Intelligence
1 2 (6.25%) Crystal Reports
1 2 (6.25%) Data Warehouse
1 2 (6.25%) Oracle Database
1 2 (6.25%) Relational Database
1 2 (6.25%) SQL Server
General
1 19 (59.38%) Finance
2 6 (18.75%) Banking
3 4 (12.50%) Investment Banking
4 3 (9.38%) Legal
5 2 (6.25%) Back Office
5 2 (6.25%) Financial Institution
5 2 (6.25%) Front Office
6 1 (3.13%) General Ledger
6 1 (3.13%) Prime Brokerage
Job Titles
1 12 (37.50%) Analyst
2 10 (31.25%) Business Analyst
3 9 (28.13%) Project Manager
4 4 (12.50%) Lead Business Analyst
4 4 (12.50%) Systems Analyst
5 3 (9.38%) E-Commerce Analyst
5 3 (9.38%) E-Commerce Business Analyst
5 3 (9.38%) Workstream Lead
6 2 (6.25%) Accountant
6 2 (6.25%) Applications Manager
6 2 (6.25%) Applications Project Manager
6 2 (6.25%) Asset Management Project Manager
6 2 (6.25%) Banking Project Manager
6 2 (6.25%) Business Systems Analyst
6 2 (6.25%) Consultant
6 2 (6.25%) Investment Management Business Analyst
6 2 (6.25%) MiFID Business Analyst
6 2 (6.25%) Senior Applications Project Manager
6 2 (6.25%) Senior Manager
6 2 (6.25%) Senior Project Manager
Miscellaneous
1 6 (18.75%) Derivative
2 3 (9.38%) Foreign Exchange (FX)
3 2 (6.25%) Analytical Skills
3 2 (6.25%) Fixed Income
3 2 (6.25%) Management Information System
4 1 (3.13%) Data Structures
4 1 (3.13%) Hedge funds
4 1 (3.13%) Reference Data
4 1 (3.13%) SWIFT
Processes & Methodologies
1 13 (40.63%) Change Management
2 12 (37.50%) Asset Management
3 10 (31.25%) Business Analysis
3 10 (31.25%) Investment Management
4 8 (25.00%) Project Management
5 7 (21.88%) Cash Management
6 6 (18.75%) Stakeholder Management
7 5 (15.63%) Budgeting and Forecasting
8 3 (9.38%) Data Analysis
8 3 (9.38%) E-Commerce
8 3 (9.38%) Functional Testing
8 3 (9.38%) Fund Management
8 3 (9.38%) Migration
8 3 (9.38%) System Integration Testing
8 3 (9.38%) Target Operating Model
8 3 (9.38%) User Acceptance Testing
9 2 (6.25%) Business Process Modelling
9 2 (6.25%) ETL
9 2 (6.25%) Systems Analysis
9 2 (6.25%) Use Case
Programming Languages
1 2 (6.25%) VBA
Qualifications
1 1 (3.13%) ACCA
Quality Assurance & Compliance
1 14 (43.75%) MiFID
2 4 (12.50%) EMIR
3 2 (6.25%) QA
3 2 (6.25%) Solvency II
4 1 (3.13%) IFRS
Vendors
1 4 (12.50%) Oracle
2 2 (6.25%) Charles River
2 2 (6.25%) SimCorp
3 1 (3.13%) Bloomberg
3 1 (3.13%) Microgen
3 1 (3.13%) Microsoft
3 1 (3.13%) Murex
3 1 (3.13%) Yardi