Period
to 20 September 2021

The median annual salary for a Financial Analyst was £53,000 in advertised job vacancies during the 6 months to 20 September 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
20 Sep 2021
Same period 2020 Same period 2019
Rank 653 462 602
Rank change year-on-year -191 +140 -18
Permanent jobs requiring a Financial Analyst 399 241 597
As % of all permanent jobs advertised in the UK 0.33% 0.49% 0.42%
As % of the Job Titles category 0.36% 0.52% 0.44%
Number of salaries quoted 316 210 503
10th Percentile £32,500 £41,250 £26,250
25th Percentile £37,500 £50,000 £32,500
Median annual salary (50th Percentile) £53,000 £75,000 £47,500
Median % change year-on-year -29.33% +57.89% -
75th Percentile £67,500 £95,000 £60,000
90th Percentile £85,000 £112,500 £70,000
UK excluding London median annual salary £47,500 £46,375 £40,000
% change year-on-year +2.43% +15.94% -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 110,654 46,569 135,380
% of permanent IT jobs with a recognized job title 91.40% 94.80% 95.78%
Number of salaries quoted 76,947 38,517 109,051
10th Percentile £31,875 £32,500 £28,000
25th Percentile £41,250 £41,250 £37,500
Median annual salary (50th Percentile) £55,000 £55,000 £50,000
Median % change year-on-year - +10.00% -
75th Percentile £75,000 £72,500 £68,750
90th Percentile £92,500 £90,000 £85,000
UK excluding London median annual salary £48,500 £47,500 £45,000
% change year-on-year +2.11% +5.56% -

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 20 September 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 20 September 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 -189 371 £55,000 -26.67% 24
London -193 241 £55,000 -31.25% 15
UK excluding London -120 146 £47,500 +2.43% 14
Work from Home -212 69 £62,500 +38.89% 2
South East -116 62 £55,000 +4.76% 3
Midlands -95 28 £42,500 -10.53% 4
East of England -70 19 £42,000 +13.51% 1
East Midlands -61 14 £38,750 - 2
West Midlands -88 14 £47,500 - 2
North of England -107 12 £47,500 +7.95%
Wales - 12 £26,000 - 3
North West -82 10 £47,500 -5.00%
Scotland - 7 £50,000 - 2
South West -81 5 £38,500 +1.55% 1
Yorkshire -105 2 £44,500 +17.11%
Channel Islands - 1 - -

Financial Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 20 September 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.

1 399 (100.00%) Finance
2 128 (32.08%) Social Skills
3 125 (31.33%) SQL
4 68 (17.04%) Microsoft Excel
5 66 (16.54%) Agile Software Development
6 64 (16.04%) Banking
7 56 (14.04%) Business Intelligence
8 54 (13.53%) Stakeholder Management
9 53 (13.28%) Business Analysis
10 52 (13.03%) Python
10 52 (13.03%) ITIL
10 52 (13.03%) Microsoft Office
10 52 (13.03%) Oracle
11 48 (12.03%) Problem-Solving
12 47 (11.78%) Analytics
13 46 (11.53%) Requirements Gathering
14 42 (10.53%) Microsoft
15 38 (9.52%) Analytical Skills
16 36 (9.02%) ERP
17 34 (8.52%) Process Improvement
17 34 (8.52%) Workshop Facilitation
18 31 (7.77%) SDLC
19 29 (7.27%) Windows
20 28 (7.02%) Service Delivery
21 27 (6.77%) Degree
21 27 (6.77%) Data Analytics
22 25 (6.27%) Data Warehouse
22 25 (6.27%) Problem Management
22 25 (6.27%) PowerShell
23 24 (6.02%) Tableau

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 12 (3.01%) SharePoint
2 2 (0.50%) Confluence
2 2 (0.50%) IIS
3 1 (0.25%) Apache
3 1 (0.25%) JBoss
3 1 (0.25%) SAS
3 1 (0.25%) WebSphere
Applications
1 68 (17.04%) Microsoft Excel
2 52 (13.03%) Microsoft Office
3 21 (5.26%) Microsoft PowerPoint
4 9 (2.26%) Oracle Smart View
5 5 (1.25%) Microsoft Project
5 5 (1.25%) MS Visio
6 2 (0.50%) Spreadsheet
7 1 (0.25%) Stata
Business Applications
1 21 (5.26%) Oracle Assets
1 21 (5.26%) Oracle Payables
1 21 (5.26%) Oracle Receivables
2 16 (4.01%) Oracle EBS
3 12 (3.01%) Oracle Financials
4 11 (2.76%) Oracle ERP
5 10 (2.51%) Oracle Cash Management
6 9 (2.26%) HFM
7 8 (2.01%) NetSuite
7 8 (2.01%) Oracle EBS R12
7 8 (2.01%) Oracle General Ledger
8 7 (1.75%) Hyperion Planning
9 4 (1.00%) Dynamics AX
10 3 (0.75%) AlphaBridge
10 3 (0.75%) Alphatax
10 3 (0.75%) Dynamics NAV
10 3 (0.75%) Farmplan
10 3 (0.75%) KEYPrime
10 3 (0.75%) SAP BPC
11 2 (0.50%) Oracle iProcurement
Cloud Services
1 24 (6.02%) Power Platform
2 13 (3.26%) Microsoft 365
3 9 (2.26%) Dynamics 365
4 7 (1.75%) Azure
5 4 (1.00%) OneDrive
6 2 (0.50%) Azure Active Directory
6 2 (0.50%) dbt
6 2 (0.50%) GCP
6 2 (0.50%) Google Workspace
6 2 (0.50%) Mimecast
6 2 (0.50%) Power Automate
6 2 (0.50%) PowerApps
7 1 (0.25%) Azure Data Factory
7 1 (0.25%) Azure Synapse Analytics
7 1 (0.25%) FinancialForce
7 1 (0.25%) Google Sheets
7 1 (0.25%) Miro
7 1 (0.25%) SaaS
Communications & Networking
1 8 (2.01%) DHCP
2 7 (1.75%) DNS
2 7 (1.75%) Firewall
2 7 (1.75%) TCP/IP
3 6 (1.50%) FIX Connectivity
3 6 (1.50%) LAN
3 6 (1.50%) VPN
3 6 (1.50%) WAN
4 2 (0.50%) BGP
4 2 (0.50%) Ethernet
4 2 (0.50%) Internet
4 2 (0.50%) IPsec
4 2 (0.50%) MPLS
4 2 (0.50%) OSPF
4 2 (0.50%) SD-WAN
4 2 (0.50%) SNMP
4 2 (0.50%) VLAN
4 2 (0.50%) VoIP
4 2 (0.50%) Wi-Fi
4 2 (0.50%) WLAN
Database & Business Intelligence
1 25 (6.27%) Data Warehouse
2 24 (6.02%) Tableau
3 21 (5.26%) Power BI
4 16 (4.01%) SQL Server
5 6 (1.50%) BusinessObjects
5 6 (1.50%) Oracle Reports
6 5 (1.25%) Crystal Reports
7 4 (1.00%) Essbase
7 4 (1.00%) Relational Database
7 4 (1.00%) SAP HANA
8 3 (0.75%) Oracle OWB
8 3 (0.75%) QlikView
9 2 (0.50%) BigQuery
9 2 (0.50%) KNIME
9 2 (0.50%) Looker
9 2 (0.50%) Metadata
9 2 (0.50%) Oracle BI EE
9 2 (0.50%) SAP BW
9 2 (0.50%) Spotfire
9 2 (0.50%) SQL Server Reporting Services
Development Applications
1 12 (3.01%) Postman
2 9 (2.26%) JIRA
3 4 (1.00%) Oracle Forms
4 2 (0.50%) Git (software)
5 1 (0.25%) Visual Studio
5 1 (0.25%) Visual Studio Team System
General
1 399 (100.00%) Finance
2 128 (32.08%) Social Skills
3 64 (16.04%) Banking
4 38 (9.52%) Analytical Skills
5 22 (5.51%) Front Office
6 19 (4.76%) Investment Banking
7 18 (4.51%) Law
8 16 (4.01%) Legal
9 14 (3.51%) Organisational Skills
10 13 (3.26%) General Ledger
11 10 (2.51%) Advertising
11 10 (2.51%) Financial Institution
12 8 (2.01%) Games
13 7 (1.75%) Manufacturing
14 6 (1.50%) Back Office
14 6 (1.50%) Billing
14 6 (1.50%) Local Government
14 6 (1.50%) Retail
15 4 (1.00%) Automotive
15 4 (1.00%) Influencing Skills
Libraries, Frameworks & Software Standards
1 22 (5.51%) XML
2 14 (3.51%) JSON
3 12 (3.01%) Swagger
4 11 (2.76%) FIX Protocol
5 2 (0.50%) EDI
5 2 (0.50%) HTML
5 2 (0.50%) MDX
5 2 (0.50%) Oracle Fusion
5 2 (0.50%) REST
5 2 (0.50%) Spring
6 1 (0.25%) COM
6 1 (0.25%) Middleware
6 1 (0.25%) Web Services
Miscellaneous
1 22 (5.51%) Replication
2 20 (5.01%) Derivative
3 19 (4.76%) Foreign Exchange (FX)
4 18 (4.51%) Equities
4 18 (4.51%) Equity Derivative
4 18 (4.51%) Hedge funds
5 14 (3.51%) Management Information System
6 12 (3.01%) Self-Motivation
7 6 (1.50%) Eurex
8 5 (1.25%) Legacy Systems
9 4 (1.00%) PMI
10 3 (0.75%) Credit Risk
10 3 (0.75%) Driving Licence
10 3 (0.75%) Hybrid Cloud
10 3 (0.75%) Online Games
10 3 (0.75%) Reinsurance
10 3 (0.75%) User Experience
11 2 (0.50%) SWIFT
11 2 (0.50%) Video Conferencing
12 1 (0.25%) Reference Data
Operating Systems
1 29 (7.27%) Windows
2 12 (3.01%) Linux
3 11 (2.76%) Windows Server
4 6 (1.50%) CentOS
4 6 (1.50%) Solaris
4 6 (1.50%) Ubuntu
4 6 (1.50%) Unix
5 5 (1.25%) Windows 10
Processes & Methodologies
1 66 (16.54%) Agile Software Development
2 56 (14.04%) Business Intelligence
3 54 (13.53%) Stakeholder Management
4 53 (13.28%) Business Analysis
5 52 (13.03%) ITIL
6 48 (12.03%) Problem-Solving
7 47 (11.78%) Analytics
8 46 (11.53%) Requirements Gathering
9 36 (9.02%) ERP
10 34 (8.52%) Process Improvement
10 34 (8.52%) Workshop Facilitation
11 31 (7.77%) SDLC
12 28 (7.02%) Service Delivery
13 27 (6.77%) Data Analytics
14 25 (6.27%) Problem Management
15 24 (6.02%) Scrum
16 23 (5.76%) Project Management
17 22 (5.51%) Decision-Making
18 21 (5.26%) Waterfall
19 19 (4.76%) Visualisation
Programming Languages
1 125 (31.33%) SQL
2 52 (13.03%) Python
3 25 (6.27%) PowerShell
4 10 (2.51%) Bash Shell
5 9 (2.26%) Ruby
6 8 (2.01%) C
7 7 (1.75%) JavaScript
8 6 (1.50%) Perl
9 5 (1.25%) Java
9 5 (1.25%) T-SQL
9 5 (1.25%) VBA
10 2 (0.50%) PHP
10 2 (0.50%) R
Qualifications
1 27 (6.77%) Degree
2 24 (6.02%) CIMA
3 20 (5.01%) ACCA
4 6 (1.50%) AAT
5 5 (1.25%) CCAB
6 4 (1.00%) IIBA
6 4 (1.00%) ISEB
6 4 (1.00%) PMI Certification
7 3 (0.75%) CCNA
7 3 (0.75%) Cisco Certification
7 3 (0.75%) Microsoft Certification
8 2 (0.50%) SC Cleared
8 2 (0.50%) Security Cleared
9 1 (0.25%) HND
9 1 (0.25%) ISTQB
9 1 (0.25%) PRINCE2 Certification
Quality Assurance & Compliance
1 22 (5.51%) COBIT
2 11 (2.76%) PMO
3 10 (2.51%) IFRS
4 7 (1.75%) Data Quality
5 6 (1.50%) QA
5 6 (1.50%) Sarbanes-Oxley
6 5 (1.25%) SLA
7 3 (0.75%) GDPR
7 3 (0.75%) IFRS 9
7 3 (0.75%) Solvency II
8 2 (0.50%) COREP
9 1 (0.25%) Accessibility
9 1 (0.25%) GRC
9 1 (0.25%) PSD2
9 1 (0.25%) SEPA
9 1 (0.25%) TARGET2
System Software
1 15 (3.76%) Active Directory
2 4 (1.00%) VMware Infrastructure
3 1 (0.25%) VMware ESXi
Systems Management
1 12 (3.01%) Control-M
2 5 (1.25%) SCCM
3 2 (0.50%) Oozie
4 1 (0.25%) HP ALM
4 1 (0.25%) HP Quality Center
4 1 (0.25%) RSA Archer
Vendors
1 52 (13.03%) Oracle
2 42 (10.53%) Microsoft
3 22 (5.51%) SAP
4 12 (3.01%) AppDynamics
5 11 (2.76%) Hyperion
6 8 (2.01%) Bloomberg
6 8 (2.01%) Cisco
7 6 (1.50%) CQG
7 6 (1.50%) Fidessa
7 6 (1.50%) ION Trading
7 6 (1.50%) Patsystems
7 6 (1.50%) Red Hat
7 6 (1.50%) Reuters
7 6 (1.50%) Salesforce.com
7 6 (1.50%) Trayport
7 6 (1.50%) VMware
8 5 (1.25%) Sage
9 3 (0.75%) Anaplan
9 3 (0.75%) Google
9 3 (0.75%) Sun