Period
to 20 July 2019

The following table provides summary statistics for contract job vacancies with a requirement for IFRS skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFRS over the 6 months to 20 July 2019 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.

International Financial Reporting Standards (IFRS)
UK
6 months to
20 Jul 2019
Same period 2018 Same period 2017
Rank 739 788 732
Rank change year-on-year +49 -56 +76
Contract jobs citing IFRS 104 119 128
As % of all contract IT jobs advertised in the UK 0.11% 0.11% 0.13%
As % of the Quality Assurance & Compliance category 1.07% 0.98% 1.14%
Number of daily rates quoted 71 67 100
UK median daily rate £550 £525 £458
Median daily rate % change year-on-year +4.76% +14.75% -3.68%
10th Percentile £375 £376 £350
90th Percentile £725 £718 £704
UK excluding London median daily rate £494 £468 £424
% change year-on-year +5.61% +10.32% -5.83%
Number of hourly rates quoted 0 1 1
UK median hourly rate - £22.00 £33.00
Median hourly rate % change year-on-year - -33.33% -
UK excluding London median hourly rate - - £33.00

IFRS is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
UK
Contract vacancies with a requirement for quality assurance or compliance skills 9,681 12,093 11,233
As % of all contract IT jobs advertised in the UK 10.39% 11.61% 11.79%
Number of daily rates quoted 5,995 7,721 7,269
UK median daily rate £450 £450 £440
Median daily rate % change year-on-year - +2.27% +7.32%
10th Percentile £240 £250 £250
90th Percentile £638 £638 £625
UK excluding London median daily rate £420 £400 £400
% change year-on-year +5.00% - +6.67%
Number of hourly rates quoted 417 396 370
UK median hourly rate £22.75 £23.25 £20.00
Median hourly rate % change year-on-year -2.15% +16.25% -9.09%
10th Percentile £11.00 £11.50 £11.00
90th Percentile £53.00 £53.25 £52.50
UK excluding London median hourly rate £25.12 £22.50 £19.25
% change year-on-year +11.64% +16.88% -13.48%

IFRS
Job Vacancy Trend

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

Job vacancy trend for IFRS in the UK

IFRS
Contractor Daily Rate Trend

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

Contractor daily rate trend for IFRS in the UK

IFRS
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing IFRS over the 6 months to 20 July 2019.

Contractor daily rate histogram for IFRS in the UK

IFRS
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for IFRS in the UK

IFRS
Top 12 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IFRS within the UK over the 6 months to 20 July 2019. 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 +28 100 £550 +4.76% 24
London +48 71 £600 +9.09% 11
UK excluding London +2 31 £494 +5.61% 15
North of England +23 7 £425 -24.44% 5
Midlands +25 6 £450 +14.65% 3
South East +10 6 £488 +6.27% 4
East of England - 6 £475 - 1
North West +9 5 £375 -7.98% 4
West Midlands - 5 £450 - 2
Scotland +25 3 £600 - 2
South West -19 3 £550 +10.55%
Yorkshire +25 2 £638 +27.50% 1

For the 6 months to 20 July 2019, IT contractor jobs citing IFRS also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads with a requirement for IFRS.

1 83 (79.81%) Finance
2 24 (23.08%) Banking
3 23 (22.12%) IFRS 9
4 20 (19.23%) SQL
4 20 (19.23%) SAP
4 20 (19.23%) ERP
4 20 (19.23%) Solvency II
4 20 (19.23%) Analytics
5 19 (18.27%) Microsoft Excel
6 17 (16.35%) Business Intelligence
7 16 (15.38%) GDPR
8 15 (14.42%) Oracle
9 14 (13.46%) SAS
9 14 (13.46%) Agile Software Development
9 14 (13.46%) Credit Risk
10 13 (12.50%) SQL Server
10 13 (12.50%) ETL
11 12 (11.54%) Data Governance
11 12 (11.54%) Analytical Skills
12 11 (10.58%) Data Integration
12 11 (10.58%) Stakeholder Management
13 10 (9.62%) Data Analysis
14 9 (8.65%) Legal
14 9 (8.65%) Data Modelling
15 8 (7.69%) Data Warehouse
15 8 (7.69%) VBA
15 8 (7.69%) Project Management
15 8 (7.69%) Microsoft
15 8 (7.69%) Data Management
15 8 (7.69%) Retail

IFRS
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:

Application Platforms
1 14 (13.46%) SAS
2 6 (5.77%) SharePoint
3 5 (4.81%) SharePoint 2010
4 3 (2.88%) Apache Spark
Applications
1 19 (18.27%) Microsoft Excel
2 2 (1.92%) Microsoft Office
2 2 (1.92%) Microsoft PowerPoint
2 2 (1.92%) Microsoft Project
2 2 (1.92%) MS Visio
3 1 (0.96%) Acrobat
Business Applications
1 6 (5.77%) SAP CO
1 6 (5.77%) SAP FI
1 6 (5.77%) SAP FI/CO
2 5 (4.81%) Oracle Financials
2 5 (4.81%) SAP PS
3 4 (3.85%) Oracle Assets
4 3 (2.88%) Oracle EBS
4 3 (2.88%) Oracle EBS R12
4 3 (2.88%) Oracle General Ledger
5 2 (1.92%) HFM
5 2 (1.92%) Oracle ERP
5 2 (1.92%) Oracle Subledger Accounting
5 2 (1.92%) SAP ERP
6 1 (0.96%) Oracle Receivables
6 1 (0.96%) PeopleSoft Financials
6 1 (0.96%) SAP BPC
6 1 (0.96%) SAP S/4HANA
Cloud Services
1 5 (4.81%) Power Platform
2 1 (0.96%) Apple Pay
2 1 (0.96%) Microsoft Azure
2 1 (0.96%) SaaS
Communications & Networking
1 1 (0.96%) FTP
Database & Business Intelligence
1 13 (12.50%) SQL Server
2 8 (7.69%) Data Warehouse
2 8 (7.69%) SQL Server Integration Services
3 7 (6.73%) SQL Server 2012
4 5 (4.81%) Big Data
4 5 (4.81%) PerformancePoint
4 5 (4.81%) Power BI
4 5 (4.81%) SQL Server Analysis Services
4 5 (4.81%) SQL Server Reporting Services
4 5 (4.81%) Star Schema
5 4 (3.85%) Hadoop
5 4 (3.85%) Relational Database
5 4 (3.85%) SAS Visual Analytics
6 3 (2.88%) Crystal Reports
6 3 (2.88%) Data Mining
6 3 (2.88%) HBase
6 3 (2.88%) MS Access
6 3 (2.88%) QlikView
7 2 (1.92%) Oracle Reports
7 2 (1.92%) Oracle Smart View
Development Applications
1 4 (3.85%) JIRA
2 3 (2.88%) Jenkins
2 3 (2.88%) Sonatype Nexus
3 2 (1.92%) SQL Server Management Studio (SSMS)
4 1 (0.96%) Eclipse
General
1 83 (79.81%) Finance
2 24 (23.08%) Banking
3 9 (8.65%) Legal
4 8 (7.69%) Retail
4 8 (7.69%) Retail Banking
5 6 (5.77%) Back Office
6 5 (4.81%) Private Banking
7 4 (3.85%) General Ledger
8 3 (2.88%) Telecoms
9 1 (0.96%) Advertising
9 1 (0.96%) Billing
9 1 (0.96%) Marketing
9 1 (0.96%) Retail Finance
Job Titles
1 26 (25.00%) Analyst
2 20 (19.23%) Consultant
3 14 (13.46%) Developer
4 12 (11.54%) Business Analyst
5 11 (10.58%) Data Analyst
6 9 (8.65%) Project Manager
6 9 (8.65%) SAP Consultant
7 7 (6.73%) SQL Developer
8 5 (4.81%) Architect
8 5 (4.81%) Credit Analyst
8 5 (4.81%) Credit Risk Analyst
8 5 (4.81%) Credit Risk Business Analyst
8 5 (4.81%) Programme Manager
8 5 (4.81%) Risk Analyst
8 5 (4.81%) Risk Business Analyst
9 4 (3.85%) Change Project Manager
9 4 (3.85%) Credit Risk Manager
9 4 (3.85%) Credit Risk Project Manager
9 4 (3.85%) Project Change Manager
9 4 (3.85%) Risk Project Manager
Libraries, Frameworks & Software Standards
1 5 (4.81%) .NET
1 5 (4.81%) .NET Framework
1 5 (4.81%) ASP.NET
1 5 (4.81%) MDX
1 5 (4.81%) Oracle Fusion
2 3 (2.88%) Kafka
2 3 (2.88%) XML
3 1 (0.96%) SAP Fiori
Miscellaneous
1 14 (13.46%) Credit Risk
2 12 (11.54%) Analytical Skills
3 7 (6.73%) Self-Motivation
4 6 (5.77%) Reinsurance
5 2 (1.92%) Data Structures
5 2 (1.92%) Foreign Exchange (FX)
5 2 (1.92%) Management Information System
6 1 (0.96%) Data Protection Act
6 1 (0.96%) Derivative
Processes & Methodologies
1 20 (19.23%) Analytics
1 20 (19.23%) ERP
2 17 (16.35%) Business Intelligence
3 14 (13.46%) Agile Software Development
4 13 (12.50%) ETL
5 12 (11.54%) Data Governance
6 11 (10.58%) Data Integration
6 11 (10.58%) Stakeholder Management
7 10 (9.62%) Data Analysis
8 9 (8.65%) Data Modelling
9 8 (7.69%) Data Management
9 8 (7.69%) Project Management
9 8 (7.69%) Waterfall
10 7 (6.73%) Business Analytics
11 6 (5.77%) Data Architecture
11 6 (5.77%) Data Enrichment
11 6 (5.77%) Matrix Organization
11 6 (5.77%) People Management
11 6 (5.77%) Revenue Recognition
11 6 (5.77%) User Acceptance Testing
Programming Languages
1 20 (19.23%) SQL
2 8 (7.69%) VBA
3 5 (4.81%) ABAP
3 5 (4.81%) C#
4 4 (3.85%) Java
5 3 (2.88%) Scala
Qualifications
1 8 (7.69%) Degree
2 7 (6.73%) ACCA
3 4 (3.85%) CIMA
4 3 (2.88%) ISTQB
5 2 (1.92%) ISTQB Advanced Certification
6 1 (0.96%) CISA
6 1 (0.96%) MCSA
6 1 (0.96%) MCSE
6 1 (0.96%) Microsoft Certification
Quality Assurance & Compliance
1 23 (22.12%) IFRS 9
2 20 (19.23%) Solvency II
3 16 (15.38%) GDPR
4 5 (4.81%) Basel III
5 4 (3.85%) Data Quality
6 3 (2.88%) GAAP
6 3 (2.88%) QA
7 1 (0.96%) Basel II
7 1 (0.96%) ITGC
7 1 (0.96%) PCI DSS
7 1 (0.96%) PMO
7 1 (0.96%) Sarbanes-Oxley
7 1 (0.96%) SLA
Systems Management
1 1 (0.96%) HP Quality Center
Vendors
1 20 (19.23%) SAP
2 15 (14.42%) Oracle
3 8 (7.69%) Microsoft
4 2 (1.92%) Cognos
4 2 (1.92%) Hyperion
5 1 (0.96%) Anaplan
5 1 (0.96%) Apple
5 1 (0.96%) HP
5 1 (0.96%) IBM
5 1 (0.96%) MicroStrategy
5 1 (0.96%) PeopleSoft