Period
to 19 February 2018

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 19 February 2018 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
19 Feb 2018
Same period 2017 Same period 2016
Rank 701 674 797
Rank change year-on-year -27 +123 +14
Contract jobs citing IFRS 168 156 99
As % of all contract IT jobs advertised in the UK 0.17% 0.17% 0.092%
As % of the Quality Assurance & Compliance category 1.29% 1.42% 0.77%
Number of daily rates quoted 88 114 62
UK median daily rate £566 £475 £475
Median daily rate % change year-on-year +19.21% - -3.80%
10th Percentile £421 £336 £363
90th Percentile £750 £692 £711
UK excluding London median daily rate £500 £450 £450
% change year-on-year +11.11% - -
Number of hourly rates quoted 5 1 0
UK median hourly rate £40.00 £38.00 -
Median hourly rate % change year-on-year +5.26% - -
UK excluding London median hourly rate £40.00 £38.00 -
% change year-on-year +5.26% - -

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 13,055 11,014 12,882
As % of all contract IT jobs advertised in the UK 12.96% 11.65% 11.93%
Number of daily rates quoted 8,546 7,205 8,060
UK median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25% -
10th Percentile £259 £225 £230
90th Percentile £630 £625 £588
UK excluding London median daily rate £400 £400 £375
% change year-on-year - +6.67% +2.74%
Number of hourly rates quoted 362 385 464
UK median hourly rate £21.50 £21.50 £25.25
Median hourly rate % change year-on-year - -14.85% +21.69%
10th Percentile £11.78 £10.93 £11.36
90th Percentile £57.25 £48.75 £53.53
UK excluding London median hourly rate £22.85 £22.45 £25.50
% change year-on-year +1.76% -11.96% +27.50%

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 19 February 2018.

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
Contractor Hourly Rate Histogram

The hourly rate distribution of IT jobs citing IFRS over the 6 months to 19 February 2018.

Contractor hourly rate histogram for IFRS in the UK

IFRS
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 IFRS within the UK over the 6 months to 19 February 2018. 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 +2 157 £575 +21.05% 23
London -20 103 £650 +30.00% 17
UK excluding London -11 61 £500 +11.11% 10
South East -5 24 £506 +12.50% 2
North of England +42 12 £483 -8.10% 2
South West -5 9 £588 +28.77%
East of England -8 8 £525 +5.00% 1
Yorkshire 0 6 £500 -4.76% 2
North West - 6 £450 -
Scotland -25 5 - - 4
East Midlands -6 1 - -
Midlands -8 1 - - 1
Channel Islands - 1 £325 -
Wales - 1 - -

For the 6 months to 19 February 2018, 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 98 (58.33%) Finance
2 69 (41.07%) IFRS 9
3 43 (25.60%) Banking
4 41 (24.40%) SAS
5 36 (21.43%) SAP
6 30 (17.86%) SAP FI
6 30 (17.86%) Credit Risk
7 22 (13.10%) SQL
8 21 (12.50%) Project Management
8 21 (12.50%) Stress Testing
9 20 (11.90%) Retail
10 17 (10.12%) SAP FI/CO
10 17 (10.12%) SAP CO
10 17 (10.12%) Analytics
10 17 (10.12%) Analytical Skills
11 16 (9.52%) User Acceptance Testing
12 15 (8.93%) Agile Software Development
13 14 (8.33%) Stakeholder Management
13 14 (8.33%) Oracle
13 14 (8.33%) Base SAS
13 14 (8.33%) GDPR
14 13 (7.74%) Retail Banking
14 13 (7.74%) Microsoft Excel
14 13 (7.74%) Migration
14 13 (7.74%) Telecoms
15 12 (7.14%) Business Intelligence
15 12 (7.14%) Sarbanes-Oxley
16 11 (6.55%) ETL
16 11 (6.55%) Risk Management
16 11 (6.55%) Degree

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 41 (24.40%) SAS
2 4 (2.38%) IIS
3 3 (1.79%) Apache Spark
4 1 (0.60%) SharePoint
Applications
1 13 (7.74%) Microsoft Excel
2 3 (1.79%) Microsoft PowerPoint
2 3 (1.79%) Microsoft Project
2 3 (1.79%) MS Visio
3 2 (1.19%) Microsoft Office
4 1 (0.60%) Spreadsheet
Business Applications
1 30 (17.86%) SAP FI
2 17 (10.12%) SAP CO
2 17 (10.12%) SAP FI/CO
3 5 (2.98%) Dynamics AX
3 5 (2.98%) HFM
4 2 (1.19%) SAP S/4HANA
5 1 (0.60%) SAP FI-AA
5 1 (0.60%) SAP PS
Cloud Services
1 2 (1.19%) Cloud Computing
1 2 (1.19%) IaaS
1 2 (1.19%) PaaS
1 2 (1.19%) SaaS
2 1 (0.60%) SuccessFactors
Communications & Networking
1 2 (1.19%) LAN
1 2 (1.19%) SMS
1 2 (1.19%) TCP/IP
1 2 (1.19%) WAN
Database & Business Intelligence
1 14 (8.33%) Base SAS
2 10 (5.95%) Big Data
3 9 (5.36%) SQL Server
4 8 (4.76%) SAS Visual Analytics
4 8 (4.76%) SQL Server Integration Services
5 7 (4.17%) Data Warehouse
6 6 (3.57%) BusinessObjects
7 5 (2.98%) SAS Enterprise Guide
8 4 (2.38%) Essbase
8 4 (2.38%) Oracle Smart View
8 4 (2.38%) SAS Data Integration Studio
9 3 (1.79%) Apache Hive
9 3 (1.79%) Enterprise Data Warehouse
9 3 (1.79%) Hadoop
9 3 (1.79%) QlikView
10 2 (1.19%) OLAP
10 2 (1.19%) Oracle Exadata
10 2 (1.19%) SAS EBI
10 2 (1.19%) SQL Server 2008
10 2 (1.19%) SQL Server Reporting Services
Development Applications
1 1 (0.60%) ProC
1 1 (0.60%) SQL Server Management Studio (SSMS)
General
1 98 (58.33%) Finance
2 43 (25.60%) Banking
3 20 (11.90%) Retail
4 13 (7.74%) Retail Banking
4 13 (7.74%) Telecoms
5 8 (4.76%) Investment Banking
5 8 (4.76%) Legal
6 7 (4.17%) Retail Finance
7 6 (3.57%) Private Banking
8 3 (1.79%) Financial Institution
9 2 (1.19%) Back Office
9 2 (1.19%) Dutch Language
9 2 (1.19%) French Language
9 2 (1.19%) Manufacturing
10 1 (0.60%) Billing
10 1 (0.60%) Electronics
10 1 (0.60%) General Ledger
10 1 (0.60%) Japanese Language
10 1 (0.60%) Marketing
Job Titles
1 45 (26.79%) Analyst
2 34 (20.24%) Consultant
3 25 (14.88%) Business Analyst
4 23 (13.69%) SAP Consultant
5 20 (11.90%) SAP FI Consultant
6 18 (10.71%) Developer
7 17 (10.12%) Project Manager
8 15 (8.93%) SAS Developer
9 9 (5.36%) SAP CO Consultant
9 9 (5.36%) SAP FI/CO Consultant
9 9 (5.36%) Test Analyst
10 8 (4.76%) Banking Project Manager
10 8 (4.76%) SAS Analyst
11 7 (4.17%) Financial Analyst
11 7 (4.17%) IT Manager
11 7 (4.17%) SQL Analyst
12 6 (3.57%) Banking Analyst
12 6 (3.57%) Finance Business Analyst
12 6 (3.57%) SAP Financial Consultant
12 6 (3.57%) SAS Business Analyst
Libraries, Frameworks & Software Standards
1 2 (1.19%) .NET
1 2 (1.19%) Middleware
1 2 (1.19%) XML
2 1 (0.60%) Oracle Fusion
Miscellaneous
1 30 (17.86%) Credit Risk
2 17 (10.12%) Analytical Skills
3 6 (3.57%) Data Structures
4 3 (1.79%) Equities
4 3 (1.79%) Fixed Income
4 3 (1.79%) Management Information System
5 2 (1.19%) Computer Science
5 2 (1.19%) Foreign Exchange (FX)
6 1 (0.60%) Data Centre
6 1 (0.60%) Derivative
6 1 (0.60%) Virtual Team
Operating Systems
1 6 (3.57%) Linux
2 4 (2.38%) Unix
2 4 (2.38%) Windows
Processes & Methodologies
1 21 (12.50%) Project Management
1 21 (12.50%) Stress Testing
2 17 (10.12%) Analytics
3 16 (9.52%) User Acceptance Testing
4 15 (8.93%) Agile Software Development
5 14 (8.33%) Stakeholder Management
6 13 (7.74%) Migration
7 12 (7.14%) Business Intelligence
8 11 (6.55%) ETL
8 11 (6.55%) Risk Management
9 9 (5.36%) Data Migration
9 9 (5.36%) System Integration Testing
9 9 (5.36%) Validation
9 9 (5.36%) Wealth Management
10 8 (4.76%) Business Analysis
10 8 (4.76%) Credit Risk Modelling
10 8 (4.76%) Data Analysis
10 8 (4.76%) Data Modelling
10 8 (4.76%) Regulatory Compliance
10 8 (4.76%) Visual Analytics
Programming Languages
1 22 (13.10%) SQL
2 9 (5.36%) VBA
3 8 (4.76%) C#
4 6 (3.57%) C
4 6 (3.57%) Java
4 6 (3.57%) R
5 5 (2.98%) MATLAB
6 3 (1.79%) Python
6 3 (1.79%) Shell Script
7 2 (1.19%) C++
7 2 (1.19%) VB.NET
7 2 (1.19%) VBScript
8 1 (0.60%) PROC SQL
8 1 (0.60%) SAS Macro
8 1 (0.60%) Scala
8 1 (0.60%) T-SQL
8 1 (0.60%) X++
Qualifications
1 11 (6.55%) Degree
2 8 (4.76%) ACCA
2 8 (4.76%) Numerate Degree
3 5 (2.98%) CCA
4 3 (1.79%) CIMA
5 2 (1.19%) Computer Science Degree
6 1 (0.60%) CCAB
6 1 (0.60%) ISTQB
6 1 (0.60%) PMI Certification
6 1 (0.60%) PMP
6 1 (0.60%) PRINCE2 Practitioner
6 1 (0.60%) SAS Certification
6 1 (0.60%) Security Cleared
Quality Assurance & Compliance
1 69 (41.07%) IFRS 9
2 14 (8.33%) GDPR
3 12 (7.14%) Sarbanes-Oxley
4 8 (4.76%) QA
5 7 (4.17%) Data Quality
5 7 (4.17%) MiFID
6 6 (3.57%) Solvency II
7 5 (2.98%) Basel II
7 5 (2.98%) FINREP
7 5 (2.98%) GAAP
7 5 (2.98%) PSD2
8 3 (1.79%) COREP
8 3 (1.79%) FATCA
8 3 (1.79%) PMO
9 2 (1.19%) AIFMD
10 1 (0.60%) CRD IV
10 1 (0.60%) EMIR
Vendors
1 36 (21.43%) SAP
2 14 (8.33%) Oracle
3 8 (4.76%) Microsoft
4 5 (2.98%) Hyperion
5 3 (1.79%) Tagetik
6 2 (1.19%) Algorithmics
7 1 (0.60%) Ab Initio
7 1 (0.60%) Bloomberg
7 1 (0.60%) Informatica
7 1 (0.60%) Sage
7 1 (0.60%) Tableau
7 1 (0.60%) Talend