International Financial Reporting Standards (IFRS)
UK

The following table provides summary statistics for permanent job vacancies with a requirement for IFRS skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited IFRS over the 6 months to 27 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
27 Apr 2024
Same period 2023 Same period 2022
Rank 628 936 1118
Rank change year-on-year +308 +182 -248
Permanent jobs citing IFRS 270 34 114
As % of all permanent jobs advertised in the UK 0.28% 0.032% 0.074%
As % of the Quality Assurance & Compliance category 2.00% 0.17% 0.44%
Number of salaries quoted 51 16 70
10th Percentile £40,800 £55,000 £60,696
25th Percentile £50,172 £62,500 £66,938
Median annual salary (50th Percentile) £72,500 £75,000 £80,000
Median % change year-on-year -3.33% -6.25% +11.50%
75th Percentile £90,000 £86,250 £91,844
90th Percentile £97,500 £90,000 £132,500
UK excluding London median annual salary £51,528 £75,000 £52,500
% change year-on-year -31.30% +42.86% -

All Quality Assurance and Compliance Skills
UK

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

Permanent vacancies with a requirement for quality assurance or compliance skills 13,490 20,156 25,732
As % of all permanent jobs advertised in the UK 13.76% 19.26% 16.69%
Number of salaries quoted 9,233 9,268 13,209
10th Percentile £27,000 £32,000 £31,250
25th Percentile £36,250 £42,500 £41,250
Median annual salary (50th Percentile) £52,500 £57,500 £55,000
Median % change year-on-year -8.70% +4.55% +4.76%
75th Percentile £70,000 £77,500 £73,750
90th Percentile £90,000 £93,750 £90,000
UK excluding London median annual salary £47,500 £50,000 £47,500
% change year-on-year -5.00% +5.26% -

IFRS
Job Vacancy Trend

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

Job vacancy trend for IFRS in the UK

IFRS
Salary Trend

3-month moving average salary quoted in jobs citing IFRS.

Salary trend for IFRS in the UK

IFRS
Salary Histogram

Salary distribution for jobs citing IFRS over the 6 months to 27 April 2024.

Salary histogram for IFRS in the UK

IFRS
Top 15 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing IFRS within the UK over the 6 months to 27 April 2024. 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
Jobs
England +328 249 £77,500 +8.77% 90
London +249 139 £90,000 +20.00% 47
UK excluding London +132 129 £51,528 -31.30% 47
Work from Home +143 60 £85,000 -2.86% 30
North of England +110 60 £51,528 - 11
Yorkshire - 32 £51,528 - 2
South East +56 27 £72,500 - 18
North West +33 22 - - 9
Midlands +25 18 £97,500 - 6
West Midlands +39 14 £97,500 - 3
Wales +21 10 £51,528 -31.30%
Scotland -56 9 £51,528 - 4
North East - 6 £43,200 -
South West - 5 - - 5
East Midlands - 4 - - 3

IFRS
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 63 (23.33%) SAS
2 15 (5.56%) Apache
2 15 (5.56%) Apache Spark
3 3 (1.11%) Confluence
4 1 (0.37%) WebSphere
Applications
1 11 (4.07%) Microsoft Excel
2 7 (2.59%) Microsoft Office
Business Applications
1 6 (2.22%) Oracle General Ledger
2 5 (1.85%) Oracle Subledger Accounting
3 4 (1.48%) SAP SD
4 2 (0.74%) SAP BPC
4 2 (0.74%) SAP FSCM
4 2 (0.74%) SAP MDG
4 2 (0.74%) SAP S/4HANA
5 1 (0.37%) Oracle Assets
5 1 (0.37%) Oracle FAH
5 1 (0.37%) Oracle Payables
5 1 (0.37%) Oracle Receivables
Cloud Services
1 8 (2.96%) Azure
2 6 (2.22%) OCI
3 5 (1.85%) AWS
4 3 (1.11%) Azure DevOps
5 1 (0.37%) Power Platform
5 1 (0.37%) SaaS
Database & Business Intelligence
1 5 (1.85%) SAP BW
2 1 (0.37%) Oracle Database
2 1 (0.37%) Power BI
2 1 (0.37%) RDBMS
2 1 (0.37%) Relational Database
Development Applications
1 3 (1.11%) JIRA
2 2 (0.74%) LSMW
General
1 244 (90.37%) Finance
2 167 (61.85%) Social Skills
3 117 (43.33%) Inclusion and Diversity
4 77 (28.52%) Billing
5 75 (27.78%) Analytical Skills
6 73 (27.04%) Banking
7 68 (25.19%) Presentation Skills
8 52 (19.26%) Legal
9 40 (14.81%) Publishing
10 38 (14.07%) Law
11 33 (12.22%) Public Sector
12 32 (11.85%) Local Government
13 24 (8.89%) Retail
14 9 (3.33%) Retail Finance
15 7 (2.59%) General Ledger
16 5 (1.85%) Back Office
17 4 (1.48%) Aviation
18 3 (1.11%) Influencing Skills
18 3 (1.11%) Marketing
19 2 (0.74%) Documentation Skills
Job Titles
1 128 (47.41%) Audit Manager
2 101 (37.41%) Senior
3 56 (20.74%) Quality Manager
4 40 (14.81%) Senior Data Warehouse Specialist
5 31 (11.48%) Analyst
5 31 (11.48%) Senior Audit Manager
5 31 (11.48%) Senior Manager
6 28 (10.37%) Senior Analyst
7 22 (8.15%) Senior Quality Manager
8 15 (5.56%) Lead
9 12 (4.44%) Audit Support Manager
9 12 (4.44%) Support Manager
10 11 (4.07%) Consultant
10 11 (4.07%) Financial Analyst
10 11 (4.07%) Senior Financial Analyst
11 6 (2.22%) Data Scientist
11 6 (2.22%) Dynamics 365 Specialist
11 6 (2.22%) SAP Consultant
12 5 (1.85%) Actuarial Consultant
12 5 (1.85%) Business Analyst
Libraries, Frameworks & Software Standards
1 1 (0.37%) JSON
1 1 (0.37%) Middleware
1 1 (0.37%) SAP Fiori
1 1 (0.37%) XML
1 1 (0.37%) XML Messaging
1 1 (0.37%) XSD
Miscellaneous
1 71 (26.30%) Credit Risk
2 32 (11.85%) Housing Association
2 32 (11.85%) NHS
3 27 (10.00%) Reinsurance
4 5 (1.85%) Onboarding
5 2 (0.74%) Self-Motivation
6 1 (0.37%) Blockchain
6 1 (0.37%) Derivative
6 1 (0.37%) Equities
6 1 (0.37%) Foreign Exchange (FX)
6 1 (0.37%) Product Ownership
Processes & Methodologies
1 140 (51.85%) Coaching
2 128 (47.41%) Risk Management
3 94 (34.81%) Problem-Solving
4 80 (29.63%) People Management
5 79 (29.26%) Performance Management
6 75 (27.78%) Analytics
6 75 (27.78%) Business Development
6 75 (27.78%) Service Management
7 62 (22.96%) Stress Testing
8 55 (20.37%) Economics
9 48 (17.78%) Data Analysis
10 45 (16.67%) Quality Management
11 40 (14.81%) Benchmarking
11 40 (14.81%) Budget Responsibility
12 31 (11.48%) Continuous Improvement
13 23 (8.52%) Credit Risk Management
13 23 (8.52%) Internal Audit
14 22 (8.15%) Validation
15 20 (7.41%) Agile
15 20 (7.41%) Project Management
Programming Languages
1 22 (8.15%) R
2 17 (6.30%) Python
3 8 (2.96%) SQL
4 1 (0.37%) MATLAB
4 1 (0.37%) PL/SQL
4 1 (0.37%) XPath
Qualifications
1 151 (55.93%) ACCA
2 28 (10.37%) Degree
3 11 (4.07%) CIMA
4 5 (1.85%) Oracle Certification
5 2 (0.74%) Security Cleared
6 1 (0.37%) CCA
Quality Assurance & Compliance
1 82 (30.37%) GAAP
2 79 (29.26%) IFRS 9
3 29 (10.74%) IFRS 17
4 17 (6.30%) Solvency II
5 15 (5.56%) CRD IV
6 1 (0.37%) COREP
6 1 (0.37%) GDPR
6 1 (0.37%) QA
Vendors
1 129 (47.78%) CA
2 35 (12.96%) Microsoft
3 11 (4.07%) PeopleSoft
3 11 (4.07%) SAP
4 8 (2.96%) Apttus
5 6 (2.22%) Hyperion
5 6 (2.22%) Oracle
6 4 (1.48%) Salesforce
7 2 (0.74%) Concur
8 1 (0.37%) Alteryx
8 1 (0.37%) IBM