Period
to 11 May 2021

The median annual salary for a Financial Analyst was £55,000 in advertised job vacancies during the 6 months to 11 May 2021.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Finance Analyst
UK
6 months to
11 May 2021
Same period 2020 Same period 2019
Rank 511 531 588
Rank change year-on-year +20 +57 +18
Permanent jobs requiring a Financial Analyst 402 453 632
As % of all permanent jobs advertised in the UK 0.46% 0.46% 0.43%
As % of the Job Titles category 0.49% 0.48% 0.45%
Number of salaries quoted 310 375 537
10th Percentile £35,000 £35,300 £29,900
25th Percentile £36,781 £43,250 £36,500
Median annual salary (50th Percentile) £55,000 £55,000 £50,000
Median % change year-on-year - +10.00% -
75th Percentile £65,000 £68,125 £70,000
90th Percentile £88,750 £76,250 £82,500
UK excluding London median annual salary £40,000 £47,000 £40,000
% change year-on-year -14.89% +17.50% -5.88%

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies. 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 permanent jobs in our overall sample.

All Permanent IT Job Vacancies
UK
Permanent vacancies in the UK with a recognized job title 81,761 94,601 140,805
% of permanent IT jobs with a recognized job title 92.77% 95.31% 96.03%
Number of salaries quoted 63,171 76,834 113,065
10th Percentile £31,500 £30,000 £28,500
25th Percentile £41,000 £38,750 £37,000
Median annual salary (50th Percentile) £55,000 £52,500 £50,000
Median % change year-on-year +4.76% +5.00% -
75th Percentile £72,500 £72,500 £68,750
90th Percentile £88,750 £87,500 £85,000
UK excluding London median annual salary £47,500 £46,500 £45,000
% change year-on-year +2.15% +3.33% -

Financial Analyst
Job Vacancy Trend

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

Job vacancy trend for Financial Analyst in the UK

Financial Analyst
Salary Trend

3-month moving average salary quoted in jobs citing Financial Analyst.

Salary trend for Financial Analyst in the UK

Financial Analyst
Salary Histogram

Salary distribution for jobs citing Financial Analyst over the 6 months to 11 May 2021.

Salary histogram for Financial Analyst in the UK

Financial Analyst
Top 16 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Financial Analyst within the UK over the 6 months to 11 May 2021. 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +19 377 £55,000 - 40
London +25 276 £60,000 - 19
UK excluding London +31 107 £40,000 -14.89% 22
South East -4 46 £41,250 -12.23% 5
Work from Home -139 36 £50,000 +2.56% 5
Midlands +9 17 £38,500 +2.67% 5
North of England 0 14 £45,000 -10.00% 6
East of England +45 12 £40,000 +50.94% 4
North West +31 12 £46,000 +8.24% 4
Wales - 12 £45,000 - 1
West Midlands +1 9 £42,500 +13.33% 3
East Midlands - 8 £38,500 - 2
Scotland -10 5 £52,500 +10.53% 1
Yorkshire -28 1 £39,000 -22.00% 2
North East - 1 £33,500 -
Channel Islands - 1 - -

Financial Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 11 May 2021, Financial Analyst job roles required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads featuring Financial Analyst in the job title.

1 402 (100.00%) Finance
2 123 (30.60%) SQL
3 100 (24.88%) Social Skills
4 84 (20.90%) Stakeholder Management
5 80 (19.90%) Agile Software Development
6 77 (19.15%) Business Analysis
7 72 (17.91%) Python
8 69 (17.16%) Dashboard Development
9 67 (16.67%) Analytical Skills
10 56 (13.93%) Microsoft
11 54 (13.43%) Microsoft Excel
11 54 (13.43%) Analytics
12 51 (12.69%) ITIL
13 50 (12.44%) Asset Management
14 48 (11.94%) SQL Server
15 45 (11.19%) Tableau
16 44 (10.95%) Front Office
17 43 (10.70%) ERP
17 43 (10.70%) Investment Management
18 41 (10.20%) Hedge funds
18 41 (10.20%) Oracle
18 41 (10.20%) Banking
18 41 (10.20%) Derivative
19 38 (9.45%) Business Intelligence
20 37 (9.20%) Data Analysis
21 36 (8.96%) Problem-Solving
22 35 (8.71%) Microsoft Office
23 34 (8.46%) Project Delivery
24 33 (8.21%) Power Platform
24 33 (8.21%) Power BI

Financial Analyst Skill Set
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 5 (1.24%) SharePoint
2 3 (0.75%) MS Exchange
3 1 (0.25%) Oracle Workflow
3 1 (0.25%) SAS
Applications
1 54 (13.43%) Microsoft Excel
2 35 (8.71%) Microsoft Office
3 8 (1.99%) Microsoft PowerPoint
4 4 (1.00%) Microsoft Project
5 1 (0.25%) MS Visio
5 1 (0.25%) Spreadsheet
Business Applications
1 21 (5.22%) Oracle Payables
1 21 (5.22%) Oracle Receivables
2 20 (4.98%) Oracle Assets
3 18 (4.48%) Oracle ERP
4 15 (3.73%) Oracle Financials
5 12 (2.99%) Oracle EBS
5 12 (2.99%) Oracle EBS R12
6 11 (2.74%) Oracle Subledger Accounting
7 9 (2.24%) NetSuite
7 9 (2.24%) Oracle General Ledger
8 8 (1.99%) Elite 3E
8 8 (1.99%) Oracle Cash Management
9 5 (1.24%) Dynamics AX
9 5 (1.24%) HFM
9 5 (1.24%) Hyperion Planning
10 3 (0.75%) Oracle E-Business Tax
11 2 (0.50%) Dynamics GP
11 2 (0.50%) JDE OneWorld
11 2 (0.50%) Unit4 Business World
12 1 (0.25%) Oracle iProcurement
Cloud Services
1 33 (8.21%) Power Platform
2 12 (2.99%) Dynamics 365
3 8 (1.99%) AWS
3 8 (1.99%) Microsoft 365
4 7 (1.74%) Azure
5 6 (1.49%) SaaS
6 3 (0.75%) Azure Data Factory
6 3 (0.75%) Azure Logic Apps
7 2 (0.50%) Google Workspace
8 1 (0.25%) Azure Stack
8 1 (0.25%) GCP
8 1 (0.25%) PowerApps
Communications & Networking
1 5 (1.24%) Firewall
2 3 (0.75%) Skype
3 2 (0.50%) Intranet
4 1 (0.25%) Cisco IOS
4 1 (0.25%) Internet
4 1 (0.25%) IP Telephony
4 1 (0.25%) LAN
4 1 (0.25%) Remote Desktop
4 1 (0.25%) WAN
Database & Business Intelligence
1 48 (11.94%) SQL Server
2 45 (11.19%) Tableau
3 33 (8.21%) Power BI
4 11 (2.74%) Relational Database
5 10 (2.49%) MySQL
6 9 (2.24%) Data Warehouse
6 9 (2.24%) RDBMS
6 9 (2.24%) SQL Server 2016
7 7 (1.74%) QlikView
8 6 (1.49%) Data Lake
8 6 (1.49%) Essbase
9 5 (1.24%) SQL Server Integration Services
10 4 (1.00%) Big Data
10 4 (1.00%) Data Mining
10 4 (1.00%) SQL Server Reporting Services
11 2 (0.50%) Oracle BI EE
12 1 (0.25%) BusinessObjects
12 1 (0.25%) Enterprise Data Warehouse
12 1 (0.25%) Oracle Reports
12 1 (0.25%) SAP BW
Development Applications
1 12 (2.99%) Postman
2 2 (0.50%) JIRA
3 1 (0.25%) Cucumber
3 1 (0.25%) Git (software)
3 1 (0.25%) Toad
3 1 (0.25%) Visual Studio Team System
General
1 402 (100.00%) Finance
2 100 (24.88%) Social Skills
3 67 (16.67%) Analytical Skills
4 44 (10.95%) Front Office
5 41 (10.20%) Banking
6 22 (5.47%) Law
7 14 (3.48%) Legal
8 12 (2.99%) General Ledger
9 9 (2.24%) Public Sector
10 8 (1.99%) Manufacturing
10 8 (1.99%) Retail
11 7 (1.74%) Advertising
12 6 (1.49%) Billing
12 6 (1.49%) Presentation Skills
13 5 (1.24%) Financial Institution
13 5 (1.24%) Investment Banking
14 4 (1.00%) Back Office
14 4 (1.00%) Organisational Skills
15 3 (0.75%) Influencing Skills
15 3 (0.75%) Pharmaceutical
Libraries, Frameworks & Software Standards
1 17 (4.23%) XML
2 12 (2.99%) JSON
2 12 (2.99%) Swagger
3 11 (2.74%) HTML
4 9 (2.24%) .NET
4 9 (2.24%) CSS
5 7 (1.74%) Web Services
6 6 (1.49%) EDI
7 5 (1.24%) MDX
8 3 (0.75%) FIX Protocol
9 2 (0.50%) COM
10 1 (0.25%) REST
10 1 (0.25%) RESTful
10 1 (0.25%) XML Schema
Miscellaneous
1 41 (10.20%) Derivative
1 41 (10.20%) Hedge funds
2 33 (8.21%) Equities
2 33 (8.21%) Equity Derivative
3 28 (6.97%) Replication
4 17 (4.23%) Management Information System
5 8 (1.99%) Foreign Exchange (FX)
6 7 (1.74%) Fixed Income
6 7 (1.74%) Online Banking
7 6 (1.49%) Greenfield Project
7 6 (1.49%) Self-Motivation
8 5 (1.24%) Enterprise Software
9 4 (1.00%) Cyberthreat
9 4 (1.00%) Life Science
10 3 (0.75%) Data Structures
11 1 (0.25%) CMDB
11 1 (0.25%) Credit Risk
11 1 (0.25%) OTC Derivatives
11 1 (0.25%) Robotics
11 1 (0.25%) User Experience
Operating Systems
1 11 (2.74%) Windows
2 7 (1.74%) Windows Server
3 5 (1.24%) Windows 10
4 4 (1.00%) Android
5 3 (0.75%) Mac OS X
5 3 (0.75%) Windows 7
5 3 (0.75%) Windows Server 2008
6 2 (0.50%) Linux
7 1 (0.25%) Red Hat Enterprise Linux
7 1 (0.25%) Unix
7 1 (0.25%) Windows Server 2012
Processes & Methodologies
1 84 (20.90%) Stakeholder Management
2 80 (19.90%) Agile Software Development
3 77 (19.15%) Business Analysis
4 69 (17.16%) Dashboard Development
5 54 (13.43%) Analytics
6 51 (12.69%) ITIL
7 50 (12.44%) Asset Management
8 43 (10.70%) ERP
8 43 (10.70%) Investment Management
9 38 (9.45%) Business Intelligence
10 37 (9.20%) Data Analysis
11 36 (8.96%) Problem-Solving
12 34 (8.46%) Project Delivery
13 30 (7.46%) Data Governance
13 30 (7.46%) Service Delivery
13 30 (7.46%) Waterfall
14 29 (7.21%) Problem Management
15 28 (6.97%) Data Analytics
16 23 (5.72%) Scrum
17 22 (5.47%) Requirements Gathering
Programming Languages
1 123 (30.60%) SQL
2 72 (17.91%) Python
3 24 (5.97%) PowerShell
4 12 (2.99%) JavaScript
5 11 (2.74%) T-SQL
6 10 (2.49%) VB
7 9 (2.24%) C#
7 9 (2.24%) VBA
8 6 (1.49%) Bash Shell
9 4 (1.00%) Java
10 2 (0.50%) C
10 2 (0.50%) PHP
10 2 (0.50%) R
11 1 (0.25%) MATLAB
11 1 (0.25%) PL/SQL
11 1 (0.25%) Shell Script
11 1 (0.25%) VBScript
Qualifications
1 31 (7.71%) Degree
2 10 (2.49%) ACCA
2 10 (2.49%) CIMA
3 8 (1.99%) CISM
4 5 (1.24%) A+ Certification
4 5 (1.24%) ISEB
5 4 (1.00%) CEH
5 4 (1.00%) CISSP
6 3 (0.75%) PRINCE2 Certification
7 1 (0.25%) Computer Science Degree
7 1 (0.25%) HND
7 1 (0.25%) SC Cleared
7 1 (0.25%) Security Cleared
Quality Assurance & Compliance
1 31 (7.71%) Data Quality
2 28 (6.97%) COBIT
3 9 (2.24%) PMO
4 6 (1.49%) IFRS
4 6 (1.49%) SLA
5 4 (1.00%) IFRS 9
5 4 (1.00%) QA
5 4 (1.00%) Solvency II
6 3 (0.75%) GDPR
6 3 (0.75%) ISO/IEC 27001
6 3 (0.75%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
System Software
1 9 (2.24%) Active Directory
2 1 (0.25%) VMware ESXi
2 1 (0.25%) VMware Infrastructure
Systems Management
1 12 (2.99%) Control-M
2 3 (0.75%) SCCM
Vendors
1 56 (13.93%) Microsoft
2 41 (10.20%) Oracle
3 28 (6.97%) Informatica
4 12 (2.99%) AppDynamics
5 9 (2.24%) Aareon
5 9 (2.24%) SAP
5 9 (2.24%) Sun
5 9 (2.24%) Sybase
6 8 (1.99%) Reuters
7 7 (1.74%) Bloomberg
8 5 (1.24%) Cisco
8 5 (1.24%) Hyperion
8 5 (1.24%) JD Edwards
9 3 (0.75%) Apple
10 2 (0.50%) Alteryx
10 2 (0.50%) Cognos
10 2 (0.50%) IFS
10 2 (0.50%) Salesforce.com
10 2 (0.50%) Workday
11 1 (0.25%) Adaptive Insights