Period
to 17 November 2017

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 6 months to 17 November 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.

Fund Accounting
UK
6 months to
17 Nov 2017
Same period 2016 Same period 2015
Rank 837 834 816
Rank change year-on-year -3 -18 +10
Contract jobs citing Fund Accounting 41 60 77
As % of all contract IT jobs advertised in the UK 0.040% 0.057% 0.067%
As % of the Processes & Methodologies category 0.047% 0.067% 0.082%
Number of daily rates quoted 35 41 64
UK median daily rate £500 £525 £525
Median daily rate % change year-on-year -4.76% - -4.55%
10th Percentile £313 £400 £341
90th Percentile £695 £638 £663
UK excluding London median daily rate £425 £525 £425
% change year-on-year -19.05% +23.53% +4.62%
Number of hourly rates quoted 0 1 1
UK median hourly rate - £27.50 £102.50
Median hourly rate % change year-on-year - -73.17% -
UK excluding London median hourly rate - £27.50 -

Fund Accounting 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.

All Process and Methodology Skills
UK
Contract vacancies with a requirement for process or methodology skills 86890 88941 94016
As % of all contract IT jobs advertised in the UK 84.52% 83.93% 81.79%
Number of daily rates quoted 57867 58786 60918
UK median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £281 £263 £263
90th Percentile £626 £600 £600
UK excluding London median daily rate £400 £400 £385
% change year-on-year - +3.90% +2.67%
Number of hourly rates quoted 2052 2351 2749
UK median hourly rate £23.75 £24.00 £22.50
Median hourly rate % change year-on-year -1.04% +6.67% +18.42%
10th Percentile £11.43 £11.25 £11.50
90th Percentile £49.75 £48.75 £47.71
UK excluding London median hourly rate £24.02 £24.37 £23.35
% change year-on-year -1.42% +4.35% +16.75%

Fund Accounting
Job Vacancy Trend

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

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 6 months to 17 November 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 contractor hourly rates quoted in IT jobs citing Fund Accounting.

Contractor hourly rate trend for Fund Accounting in the UK

Fund Accounting
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 Fund Accounting within the UK over the 6 months to 17 November 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 -7 28 £600 +14.29% 2
London -19 28 £600 +14.29% 2
UK excluding London +26 13 £425 -19.05%
Scotland -7 8 £425 +9.68%
Northern Ireland - 5 £435 -

For the 6 months to 17 November 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 (46.34%) Asset Management
2 15 (36.59%) Finance
2 15 (36.59%) Investment Management
3 13 (31.71%) SQL
4 11 (26.83%) User Acceptance Testing
4 11 (26.83%) Test Scripting
5 9 (21.95%) Project Management
6 8 (19.51%) Stakeholder Management
6 8 (19.51%) Banking
7 7 (17.07%) QA
8 6 (14.63%) Business Analysis
8 6 (14.63%) Analytical Skills
9 5 (12.20%) Migration
9 5 (12.20%) Data Analysis
9 5 (12.20%) Ab Initio
9 5 (12.20%) Shell Script
9 5 (12.20%) Bloomberg
9 5 (12.20%) Oracle
9 5 (12.20%) DB2
9 5 (12.20%) Unix
9 5 (12.20%) Java
9 5 (12.20%) ETL
9 5 (12.20%) RDBMS
9 5 (12.20%) SLA
9 5 (12.20%) Relational Database
9 5 (12.20%) Markit EDM
9 5 (12.20%) SDLC
9 5 (12.20%) Time Management
9 5 (12.20%) Reference Data
10 4 (9.76%) Data Cleansing

Fund Accounting
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 4 (9.76%) Microsoft Excel
2 1 (2.44%) Microsoft Office
2 1 (2.44%) MS Visio
Business Applications
1 5 (12.20%) Markit EDM
2 3 (7.32%) HiPortfolio
3 2 (4.88%) SimCorp Dimension
4 1 (2.44%) Investran
4 1 (2.44%) MultiFonds
Database & Business Intelligence
1 5 (12.20%) DB2
1 5 (12.20%) RDBMS
1 5 (12.20%) Relational Database
Development Applications
1 2 (4.88%) Team Foundation Server
General
1 15 (36.59%) Finance
2 8 (19.51%) Banking
3 4 (9.76%) Legal
4 3 (7.32%) Financial Institution
4 3 (7.32%) Investment Banking
5 2 (4.88%) Back Office
5 2 (4.88%) Retail
Job Titles
1 16 (39.02%) Analyst
2 11 (26.83%) Business Analyst
3 7 (17.07%) Consultant
3 7 (17.07%) Project Manager
4 6 (14.63%) Implementation Consultant
4 6 (14.63%) Test Manager
5 5 (12.20%) Investment Management Business Analyst
5 5 (12.20%) Product Consultant
6 4 (9.76%) Asset Management Project Manager
7 3 (7.32%) Asset Management Analyst
7 3 (7.32%) Asset Management Business Analyst
7 3 (7.32%) Data Business Analyst
7 3 (7.32%) Developer
7 3 (7.32%) UAT Manager
7 3 (7.32%) UAT Test Manager
8 2 (4.88%) Business Systems Analyst
8 2 (4.88%) IT Manager
8 2 (4.88%) IT Project Manager
8 2 (4.88%) Senior Analyst
8 2 (4.88%) Systems Analyst
Libraries, Frameworks & Software Standards
1 1 (2.44%) COM
1 1 (2.44%) XML
1 1 (2.44%) XML Schema
Miscellaneous
1 6 (14.63%) Analytical Skills
2 5 (12.20%) Reference Data
3 3 (7.32%) Virtual Team
4 2 (4.88%) Foreign Exchange (FX)
4 2 (4.88%) SWIFT
5 1 (2.44%) Equities
5 1 (2.44%) Fixed Income
5 1 (2.44%) Management Information System
Operating Systems
1 5 (12.20%) Unix
Processes & Methodologies
1 19 (46.34%) Asset Management
2 15 (36.59%) Investment Management
3 11 (26.83%) Test Scripting
3 11 (26.83%) User Acceptance Testing
4 9 (21.95%) Project Management
5 8 (19.51%) Stakeholder Management
6 6 (14.63%) Business Analysis
7 5 (12.20%) Data Analysis
7 5 (12.20%) ETL
7 5 (12.20%) Migration
7 5 (12.20%) SDLC
7 5 (12.20%) Time Management
8 4 (9.76%) Data Cleansing
8 4 (9.76%) Stakeholder Engagement
8 4 (9.76%) Test Strategy
9 3 (7.32%) Agile Software Development
9 3 (7.32%) Process Improvement
10 2 (4.88%) Defect Management
10 2 (4.88%) Scenario Testing
10 2 (4.88%) Target Operating Model
Programming Languages
1 13 (31.71%) SQL
2 5 (12.20%) Java
2 5 (12.20%) Shell Script
3 2 (4.88%) Perl
Qualifications
1 3 (7.32%) CFA
1 3 (7.32%) Degree
2 2 (4.88%) ACCA
2 2 (4.88%) CIMA
3 1 (2.44%) ISEB
Quality Assurance & Compliance
1 7 (17.07%) QA
2 5 (12.20%) SLA
3 2 (4.88%) MiFID
3 2 (4.88%) Solvency II
4 1 (2.44%) AIFMD
4 1 (2.44%) IFRS
4 1 (2.44%) UCITS
Systems Management
1 1 (2.44%) HP Quality Center
Vendors
1 5 (12.20%) Ab Initio
1 5 (12.20%) Bloomberg
1 5 (12.20%) Oracle
2 2 (4.88%) Microsoft
2 2 (4.88%) Serena
2 2 (4.88%) SimCorp
2 2 (4.88%) Yardi
3 1 (2.44%) HP