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

Generally Accepted Accounting Principles (GAAP)
UK
3 months to
23 Jun 2017
Same period 2016 Same period 2015
Rank 573 632 606
Rank change year-on-year +59 -26  
Contract jobs citing GAAP 29 11 33
As % of all contract IT jobs advertised in the UK 0.062% 0.020% 0.059%
As % of the Quality Assurance & Compliance category 0.53% 0.18% 0.50%
Number of daily rates quoted 26 7 27
Median daily rate £525 £330 £550
Median daily rate % change year-on-year +59.09% -40.00%  
UK excluding London median daily rate £475 £303 £388
% change year-on-year +57.02% -21.93%  
Number of hourly rates quoted 1 0 0
Median hourly rate £33.00 - -
UK excluding London median hourly rate £33.00 - -

GAAP 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 5450 6177 6537
As % of all contract IT job vacancies advertised in the UK 11.64% 11.48% 11.63%
Number of daily rates quoted 3504 3981 4196
Median daily rate £450 £413 £400
Median daily rate % change year-on-year +9.09% +3.12%  
90% offered a daily rate of more than £260 £250 £250
10% offered a daily rate of more than £600 £590 £600
UK excluding London median daily rate £400 £380 £375
% change year-on-year +5.26% +1.33%  
Number of hourly rates quoted 182 217 206
Median hourly rate £25.00 £28.00 £23.50
Median hourly rate % change year-on-year -10.71% +19.14%  
90% offered a hourly rate of more than £12.00 £12.50 £12.40
10% offered a hourly rate of more than £47.00 £47.50 £51.26
UK excluding London median hourly rate £25.00 £28.25 £24.75
% change year-on-year -11.50% +14.14%  

GAAP
Job Vacancy Trend

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

Job vacancy trend for GAAP in the UK

GAAP
Contractor Daily Rate Trend

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

Contractor daily rate trend for GAAP in the UK

GAAP
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing GAAP over the 3 months to 23 June 2017.

Contractor daily rate histogram for GAAP in the UK

GAAP
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for GAAP in the UK

GAAP
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 GAAP within the UK over the 3 months to 23 June 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 +46 25 £525 +59.09% 2
London +18 15 £550 -8.33% 1
South East +10 6 £500 +51.51%
Berkshire +22 4 £500 +65.28%
Cambridge +9 4 £210 -12.50%
Cambridgeshire +5 4 £210 -12.50%
East of England -4 4 £210 -12.50%
Glasgow - 3 £588 -
Scotland - 3 £588 -
Bracknell +8 2 £500 +51.51%
Hampshire +10 1 £350 +3.70%
City of London -2 1 £390 -35.00% 1
Surrey - 1 £700 -
Newbury - 1 £450 -

For the 6 months to 23 June 2017, IT contractor jobs citing GAAP 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 GAAP.

1 36 (90.00%) Finance
2 14 (35.00%) IFRS
3 10 (25.00%) SAP
4 9 (22.50%) Revenue Recognition
4 9 (22.50%) Reinsurance
5 7 (17.50%) Microsoft
6 6 (15.00%) ERP
6 6 (15.00%) ASP.NET
6 6 (15.00%) SQL
6 6 (15.00%) .NET
6 6 (15.00%) Oracle
6 6 (15.00%) WinForms
6 6 (15.00%) Conceptual Models
6 6 (15.00%) Analytical Skills
6 6 (15.00%) SDLC
6 6 (15.00%) .NET Framework
7 5 (12.50%) User Acceptance Testing
7 5 (12.50%) Solvency II
7 5 (12.50%) Agile Software Development
7 5 (12.50%) Microsoft Office
8 4 (10.00%) C
8 4 (10.00%) RDBMS
8 4 (10.00%) Project Management
8 4 (10.00%) GAP Analysis
8 4 (10.00%) Relational Database
8 4 (10.00%) SAP S/4HANA
8 4 (10.00%) Oracle Fusion
8 4 (10.00%) Business Analysis
8 4 (10.00%) Use Case
9 3 (7.50%) Financial Analysis

GAAP
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 5 (12.50%) Microsoft Office
2 1 (2.50%) Microsoft Excel
Business Applications
1 4 (10.00%) SAP S/4HANA
2 3 (7.50%) Oracle Assets
2 3 (7.50%) Oracle Receivables
3 2 (5.00%) Oracle ERP
3 2 (5.00%) Oracle Payables
3 2 (5.00%) SAP CO
3 2 (5.00%) SAP FI
3 2 (5.00%) SAP FI/CO
4 1 (2.50%) Dynamics AX
4 1 (2.50%) Oracle EBS
4 1 (2.50%) Oracle EBS R12
4 1 (2.50%) Oracle FAH
4 1 (2.50%) Oracle Financials
4 1 (2.50%) Oracle Procure-to-Pay
4 1 (2.50%) Sage 50
4 1 (2.50%) SAP SEM
Database & Business Intelligence
1 4 (10.00%) RDBMS
1 4 (10.00%) Relational Database
2 2 (5.00%) Data Warehouse
3 1 (2.50%) MS Access
3 1 (2.50%) SQL Server
General
1 36 (90.00%) Finance
2 3 (7.50%) Banking
3 2 (5.00%) General Ledger
3 2 (5.00%) Investment Banking
3 2 (5.00%) Legal
4 1 (2.50%) German Language
4 1 (2.50%) Manufacturing
4 1 (2.50%) Marketing
4 1 (2.50%) Telecoms
Job Titles
1 14 (35.00%) Analyst
2 10 (25.00%) Business Analyst
3 7 (17.50%) Consultant
4 6 (15.00%) Accountant
4 6 (15.00%) Financial Analyst
5 5 (12.50%) Insurance Business Analyst
5 5 (12.50%) Reinsurance Business Analyst
6 4 (10.00%) Functional Consultant
6 4 (10.00%) Programme Manager
6 4 (10.00%) Project Manager
6 4 (10.00%) SAP S/4HANA Consultant
7 3 (7.50%) ERP Manager
7 3 (7.50%) Finance Business Analyst
7 3 (7.50%) Oracle Programme Manager
7 3 (7.50%) Reinsurance Project Manager
7 3 (7.50%) SAP Consultant
7 3 (7.50%) SAP Financial Leader
8 2 (5.00%) Compliance Analyst
8 2 (5.00%) Financial Accountant
8 2 (5.00%) SAP FI Consultant
Libraries, Frameworks & Software Standards
1 6 (15.00%) .NET
1 6 (15.00%) .NET Framework
1 6 (15.00%) ASP.NET
1 6 (15.00%) WinForms
2 4 (10.00%) Oracle Fusion
3 3 (7.50%) SAP Fiori
Miscellaneous
1 9 (22.50%) Reinsurance
2 6 (15.00%) Analytical Skills
3 2 (5.00%) Equities
3 2 (5.00%) Foreign Exchange (FX)
4 1 (2.50%) Greenfield Project
Processes & Methodologies
1 9 (22.50%) Revenue Recognition
2 6 (15.00%) Conceptual Models
2 6 (15.00%) ERP
2 6 (15.00%) SDLC
3 5 (12.50%) Agile Software Development
3 5 (12.50%) User Acceptance Testing
4 4 (10.00%) Business Analysis
4 4 (10.00%) GAP Analysis
4 4 (10.00%) Project Management
4 4 (10.00%) Use Case
5 3 (7.50%) Financial Analysis
5 3 (7.50%) Programme Management
5 3 (7.50%) Regulatory Compliance
6 2 (5.00%) Data Mapping
6 2 (5.00%) Data Migration
6 2 (5.00%) Feasibility Study
6 2 (5.00%) Line Management
6 2 (5.00%) Process Improvement
6 2 (5.00%) Resource Management
6 2 (5.00%) Test Strategy
Programming Languages
1 6 (15.00%) SQL
2 4 (10.00%) C
Qualifications
1 3 (7.50%) ACCA
2 2 (5.00%) CIMA
3 1 (2.50%) Degree
3 1 (2.50%) MBA
Quality Assurance & Compliance
1 14 (35.00%) IFRS
2 5 (12.50%) Solvency II
3 2 (5.00%) Basel III
3 2 (5.00%) COREP
3 2 (5.00%) CRD IV
Vendors
1 10 (25.00%) SAP
2 7 (17.50%) Microsoft
3 6 (15.00%) Oracle
4 3 (7.50%) Concur
5 1 (2.50%) HP
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