Period
to 22 November 2017

The median contractor rate for a Financial Analyst was £365 per day in advertised job vacancies in the West Midlands during the 6 months to 22 November 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to 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.

Finance Analyst
England > West Midlands
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 172 183 139
Rank change year-on-year +11 -44 +17
Contract jobs requiring a Financial Analyst 16 32 33
As % of all contract IT jobs advertised in the West Midlands 0.33% 0.52% 0.67%
As % of the Job Titles category 0.35% 0.54% 0.71%
Number of daily rates quoted 11 25 29
West Midlands median daily rate £365 £280 £425
Median daily rate % change year-on-year +30.36% -34.12% +17.24%
10th Percentile £250 £213 £297
90th Percentile £450 £456 £454
England median daily rate £425 £402 £413
% change year-on-year +5.85% -2.67% +3.13%
Number of hourly rates quoted 0 0 0
West Midlands median hourly rate - - -
England median hourly rate £21.50 £20.00 £21.00
% change year-on-year +7.50% -4.76% +40.00%

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the West Midlands. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
West Midlands
Contract vacancies in the West Midlands with a recognized job title 4575 5889 4639
% of contract IT jobs with a recognized job title 94.58% 95.05% 94.77%
Number of daily rates quoted 2894 3540 2651
West Midlands median daily rate £400 £400 £375
Median daily rate % change year-on-year - +6.67% +7.14%
10th Percentile £213 £237 £213
90th Percentile £542 £550 £525
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 204 238 271
West Midlands median hourly rate £17.38 £15.21 £17.00
Median hourly rate % change year-on-year +14.22% -10.51% +5.20%
10th Percentile £10.50 £10.00 £10.50
90th Percentile £43.75 £39.50 £38.75
England median hourly rate £18.50 £18.50 £18.00
% change year-on-year - +2.78% +9.09%

Financial Analyst
Job Vacancy Trend in the West Midlands

Job postings that featured Financial Analyst in the job title as a percentage of all IT jobs advertised in the West Midlands.

Job vacancy trend for Financial Analyst in the West Midlands

Financial Analyst
Contractor Daily Rate Trend in the West Midlands

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Financial Analyst in the West Midlands.

Contractor daily rate trend for Financial Analyst in the West Midlands

Financial Analyst
Contractor Daily Rate Histogram in the West Midlands

The daily rate distribution of IT jobs citing Financial Analyst in the West Midlands over the 6 months to 22 November 2017.

Contractor daily rate histogram for Financial Analyst in the West Midlands

Financial Analyst
Contractor Hourly Rate Trend in the West Midlands

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Financial Analyst in the West Midlands.

Contractor hourly rate trend for Financial Analyst in the West Midlands

Financial Analyst
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Analyst within the West Midlands region over the 6 months to 22 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
Birmingham +2 7 £338 +14.89%
Coventry - 5 £450 -
Warwickshire +4 4 £310 +24.00%
Financial Analyst
England

Financial Analyst Skill Set
Top 30 Co-occurring IT Skills in the West Midlands

For the 6 months to 22 November 2017, Financial Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the West Midlands region featuring Financial Analyst in the job title.

1 16 (100.00%) Finance
2 5 (31.25%) Business Analysis
3 4 (25.00%) Microsoft PowerPoint
3 4 (25.00%) Stakeholder Management
3 4 (25.00%) Microsoft Excel
3 4 (25.00%) Waterfall
3 4 (25.00%) Financial Modelling
3 4 (25.00%) Agile Software Development
4 3 (18.75%) Financial Analysis
4 3 (18.75%) Use Case
4 3 (18.75%) User Acceptance Testing
4 3 (18.75%) Analytical Skills
4 3 (18.75%) MS Visio
4 3 (18.75%) Validation
4 3 (18.75%) Requirements Analysis
5 2 (12.50%) Test Scripting
5 2 (12.50%) e-Learning
5 2 (12.50%) Migration
5 2 (12.50%) CIMA
5 2 (12.50%) ACCA
5 2 (12.50%) Microsoft
5 2 (12.50%) Benchmarking
5 2 (12.50%) Data Modelling
5 2 (12.50%) SQL
5 2 (12.50%) SAP
5 2 (12.50%) Process Improvement
5 2 (12.50%) User Stories
5 2 (12.50%) Acceptance Criteria
5 2 (12.50%) Traceability Matrix
6 1 (6.25%) Trend Analysis

Financial Analyst Skill Set
Co-occurring IT Skills in the West Midlands 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 1 (6.25%) Confluence
Applications
1 4 (25.00%) Microsoft Excel
1 4 (25.00%) Microsoft PowerPoint
2 3 (18.75%) MS Visio
3 1 (6.25%) Microsoft Office
Business Applications
1 1 (6.25%) Dynamics NAV
1 1 (6.25%) Sonata
Cloud Services
1 1 (6.25%) Microsoft Azure
Database & Business Intelligence
1 1 (6.25%) MS Access
1 1 (6.25%) SQL Server
Development Applications
1 1 (6.25%) JIRA
General
1 16 (100.00%) Finance
2 1 (6.25%) Banking
2 1 (6.25%) Billing
2 1 (6.25%) Investment Banking
2 1 (6.25%) Law
2 1 (6.25%) Legal
Libraries, Frameworks & Software Standards
1 1 (6.25%) HTML
1 1 (6.25%) XML
1 1 (6.25%) XML Schema
Miscellaneous
1 3 (18.75%) Analytical Skills
2 2 (12.50%) e-Learning
3 1 (6.25%) Credit Risk
3 1 (6.25%) Data Centre
3 1 (6.25%) Fintech
3 1 (6.25%) Hybrid Cloud
Operating Systems
1 1 (6.25%) Windows
Processes & Methodologies
1 5 (31.25%) Business Analysis
2 4 (25.00%) Agile Software Development
2 4 (25.00%) Financial Modelling
2 4 (25.00%) Stakeholder Management
2 4 (25.00%) Waterfall
3 3 (18.75%) Financial Analysis
3 3 (18.75%) Requirements Analysis
3 3 (18.75%) Use Case
3 3 (18.75%) User Acceptance Testing
3 3 (18.75%) Validation
4 2 (12.50%) Acceptance Criteria
4 2 (12.50%) Benchmarking
4 2 (12.50%) Data Modelling
4 2 (12.50%) Migration
4 2 (12.50%) Process Improvement
4 2 (12.50%) Test Scripting
4 2 (12.50%) Traceability Matrix
4 2 (12.50%) User Stories
5 1 (6.25%) Software Delivery
5 1 (6.25%) Target Operating Model
Programming Languages
1 2 (12.50%) SQL
2 1 (6.25%) JavaScript
2 1 (6.25%) PHP
2 1 (6.25%) T-SQL
2 1 (6.25%) VBA
Qualifications
1 2 (12.50%) ACCA
1 2 (12.50%) CIMA
2 1 (6.25%) ISTQB
2 1 (6.25%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 1 (6.25%) PMO
Systems Management
1 1 (6.25%) HP Quality Center
Vendors
1 2 (12.50%) Microsoft
1 2 (12.50%) SAP
2 1 (6.25%) FNZ
2 1 (6.25%) Reuters