Job Vacancy Trend Salary Trend Salary Histogram Job Locations Skill Sets
Period
to 2 December 2021

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 2 December 2021 with a comparison to the same period in the previous 2 years.

International Financial Reporting Standards (IFRS)
UK
6 months to
2 Dec 2021		 Same period 2020 Same period 2019
Rank 981 708 993
Rank change year-on-year -273 +285 +46
Permanent jobs citing IFRS 77 32 77
As % of all permanent jobs advertised in the UK 0.060% 0.057% 0.057%
As % of the Quality Assurance & Compliance category 0.38% 0.46% 0.42%
Number of salaries quoted 64 31 52
10th Percentile £50,375 £45,000 £31,000
25th Percentile £60,000 £59,375 £39,188
Median annual salary (50th Percentile) £70,000 £71,750 £65,000
Median % change year-on-year -2.44% +10.38% -10.34%
75th Percentile £89,250 £80,000 £76,875
90th Percentile £97,638 £85,000 £87,500
UK excluding London median annual salary £65,000 £61,250 £40,000
% change year-on-year +6.12% +53.13% -36.00%

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.

All Quality Assurance and Compliance Skills
UK
Permanent vacancies with a requirement for quality assurance or compliance skills 20,163 6,935 18,118
As % of all permanent IT jobs advertised in the UK 15.63% 12.46% 13.49%
Number of salaries quoted 12,628 5,446 13,884
10th Percentile £31,000 £31,250 £28,500
25th Percentile £40,500 £41,250 £36,750
Median annual salary (50th Percentile) £55,000 £53,750 £50,000
Median % change year-on-year +2.33% +7.50% -
75th Percentile £72,500 £70,000 £67,500
90th Percentile £90,000 £85,000 £82,500
UK excluding London median annual salary £47,500 £49,000 £45,000
% change year-on-year -3.06% +8.89% -

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 2 December 2021.

Salary histogram for IFRS in the UK

IFRS
Top 10 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 2 December 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 -262 72 £70,000 +0.54% 30
London -210 53 £70,000 -6.67% 24
UK excluding London -202 17 £65,000 +6.12% 5
Work from Home -246 15 £77,500 -6.06% 4
South East -154 10 £65,000 +4.00% 2
Midlands -105 5 £70,000 +3.70% 2
East Midlands -51 3 £64,500 -4.44%
West Midlands -103 2 £75,000 +7.14% 2
East of England -105 1 - -
Wales - 1 £57,500 -

For the 6 months to 2 December 2021, IT 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 permanent job ads with a requirement for IFRS.

1 72 (93.51%) Finance
2 28 (36.36%) Agile Software Development
3 22 (28.57%) Solvency II
4 21 (27.27%) SQL
5 16 (20.78%) IFRS 9
6 15 (19.48%) Legal
6 15 (19.48%) Credit Risk
7 14 (18.18%) ACCA
8 13 (16.88%) Migration
8 13 (16.88%) KYC
8 13 (16.88%) Analytics
9 10 (12.99%) CIMA
9 10 (12.99%) SAP
9 10 (12.99%) Validation
10 9 (11.69%) Degree
10 9 (11.69%) Sarbanes-Oxley
10 9 (11.69%) GDPR
10 9 (11.69%) Social Skills
11 8 (10.39%) Fintech
11 8 (10.39%) Python
11 8 (10.39%) SAS
11 8 (10.39%) Mathematics
11 8 (10.39%) Banking
12 7 (9.09%) User Acceptance Testing
12 7 (9.09%) Analytical Skills
12 7 (9.09%) System Testing
13 6 (7.79%) Azure
13 6 (7.79%) Risk Analytics
13 6 (7.79%) SAP S/4HANA
13 6 (7.79%) Workflow

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 8 (10.39%) SAS
2 1 (1.30%) Apache Spark
2 1 (1.30%) Oracle Workflow
Applications
1 6 (7.79%) Microsoft Excel
2 5 (6.49%) Microsoft PowerPoint
3 1 (1.30%) Spreadsheet
Business Applications
1 6 (7.79%) SAP S/4HANA
2 3 (3.90%) NetSuite
2 3 (3.90%) Oracle Payables
2 3 (3.90%) Oracle Receivables
2 3 (3.90%) SAP CO
2 3 (3.90%) SAP FI
2 3 (3.90%) SAP FI/CO
3 2 (2.60%) HFM
3 2 (2.60%) Oracle Assets
3 2 (2.60%) Oracle EBS
3 2 (2.60%) Oracle Subledger Accounting
3 2 (2.60%) SAP BRIM
4 1 (1.30%) Oracle EBS R12
4 1 (1.30%) Oracle E-Business Tax
4 1 (1.30%) Oracle FAH
4 1 (1.30%) Oracle General Ledger
4 1 (1.30%) Oracle iProcurement
4 1 (1.30%) Oracle Procure-to-Pay
4 1 (1.30%) SAP Business One
4 1 (1.30%) SAP ERP
Cloud Services
1 6 (7.79%) Azure
2 4 (5.19%) Azure Data Factory
3 3 (3.90%) Power Platform
4 2 (2.60%) Boomi
4 2 (2.60%) Dynamics 365
5 1 (1.30%) Amazon CloudWatch
5 1 (1.30%) Amazon EC2
5 1 (1.30%) Amazon ECS
5 1 (1.30%) Amazon ELB
5 1 (1.30%) Amazon S3
5 1 (1.30%) AWS
5 1 (1.30%) AWS CloudFormation
5 1 (1.30%) PaaS
5 1 (1.30%) SaaS
5 1 (1.30%) Virtual Private Cloud
Communications & Networking
1 2 (2.60%) Internet
Database & Business Intelligence
1 5 (6.49%) Data Lake
2 4 (5.19%) QlikView
2 4 (5.19%) Relational Database
3 3 (3.90%) BusinessObjects
3 3 (3.90%) Crystal Reports
3 3 (3.90%) Oracle Reports
4 2 (2.60%) Metadata
4 2 (2.60%) SAP HANA
4 2 (2.60%) SQL Server Reporting Services
5 1 (1.30%) Azure SQL Data Warehouse
5 1 (1.30%) Big Data
5 1 (1.30%) Data Mart
5 1 (1.30%) Data Warehouse
5 1 (1.30%) Hadoop
Development Applications
1 3 (3.90%) JIRA
1 3 (3.90%) Zephyr
General
1 72 (93.51%) Finance
2 15 (19.48%) Legal
3 9 (11.69%) Social Skills
4 8 (10.39%) Banking
5 7 (9.09%) Analytical Skills
6 4 (5.19%) Investment Banking
7 3 (3.90%) Influencing Skills
8 2 (2.60%) Inclusion and Diversity
8 2 (2.60%) Presentation Skills
8 2 (2.60%) Public Sector
8 2 (2.60%) Telecoms
9 1 (1.30%) Back Office
9 1 (1.30%) Billing
9 1 (1.30%) Financial Institution
9 1 (1.30%) General Ledger
9 1 (1.30%) Manufacturing
9 1 (1.30%) Organisational Skills
9 1 (1.30%) Retail
Job Titles
1 30 (38.96%) Analyst
2 13 (16.88%) Business Analyst
2 13 (16.88%) Consultant
3 10 (12.99%) Financial Analyst
3 10 (12.99%) Risk Analyst
4 9 (11.69%) Regulatory Business Analyst
5 8 (10.39%) Risk Business Analyst
6 7 (9.09%) Business Change Analyst
6 7 (9.09%) Business Change Business Analyst
6 7 (9.09%) Developer
6 7 (9.09%) Insurance Business Analyst
6 7 (9.09%) Product Analyst
6 7 (9.09%) Product Business Analyst
7 6 (7.79%) Lead Test Analyst
7 6 (7.79%) Product Owner
7 6 (7.79%) Test Analyst
8 4 (5.19%) C++ Quantitative Developer
8 4 (5.19%) Python Developer
8 4 (5.19%) Senior C++ Developer
8 4 (5.19%) Senior Python Developer
Libraries, Frameworks & Software Standards
1 4 (5.19%) scikit-learn
1 4 (5.19%) SciPy
1 4 (5.19%) TensorFlow
2 3 (3.90%) XML
3 2 (2.60%) SAP Fiori
Miscellaneous
1 15 (19.48%) Credit Risk
2 4 (5.19%) Derivative
2 4 (5.19%) Equities
2 4 (5.19%) Fixed Income
2 4 (5.19%) Market Risk
3 2 (2.60%) Greenfield Project
3 2 (2.60%) Management Information System
3 2 (2.60%) Reinsurance
3 2 (2.60%) User Experience
4 1 (1.30%) Enterprise Software
4 1 (1.30%) Foreign Exchange (FX)
4 1 (1.30%) Virtual Team
Operating Systems
1 4 (5.19%) Linux
2 1 (1.30%) Windows
Processes & Methodologies
1 28 (36.36%) Agile Software Development
2 13 (16.88%) Analytics
2 13 (16.88%) KYC
2 13 (16.88%) Migration
3 10 (12.99%) Validation
4 8 (10.39%) Fintech
4 8 (10.39%) Mathematics
5 7 (9.09%) System Testing
5 7 (9.09%) User Acceptance Testing
6 6 (7.79%) Business Intelligence
6 6 (7.79%) Computer Science
6 6 (7.79%) Project Delivery
6 6 (7.79%) Risk Analytics
6 6 (7.79%) Workflow
7 5 (6.49%) Credit Risk Analytics
7 5 (6.49%) Data Analysis
7 5 (6.49%) Model Validation
7 5 (6.49%) Requirements Gathering
7 5 (6.49%) Test Automation
8 4 (5.19%) Stress Testing
Programming Languages
1 21 (27.27%) SQL
2 8 (10.39%) Python
3 4 (5.19%) C++
4 3 (3.90%) ABAP
5 2 (2.60%) VBA
6 1 (1.30%) PL/SQL
6 1 (1.30%) T-SQL
Qualifications
1 14 (18.18%) ACCA
2 10 (12.99%) CIMA
3 9 (11.69%) Degree
4 4 (5.19%) PhD
5 3 (3.90%) CISA
5 3 (3.90%) CISM
5 3 (3.90%) CISSP
5 3 (3.90%) CRISC
5 3 (3.90%) Master's Degree
5 3 (3.90%) PRINCE2 Practitioner
5 3 (3.90%) SSCP
6 2 (2.60%) CCA
7 1 (1.30%) Computer Science Degree
7 1 (1.30%) Security Cleared
Quality Assurance & Compliance
1 22 (28.57%) Solvency II
2 16 (20.78%) IFRS 9
3 9 (11.69%) GDPR
3 9 (11.69%) Sarbanes-Oxley
4 4 (5.19%) QA
5 3 (3.90%) GAAP
5 3 (3.90%) ISO/IEC 27001
5 3 (3.90%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
5 3 (3.90%) MiFID
6 1 (1.30%) Data Quality
6 1 (1.30%) ISAE 3402
Systems Management
1 1 (1.30%) Opscode Chef
1 1 (1.30%) Terraform
Vendors
1 10 (12.99%) SAP
2 6 (7.79%) Oracle
3 4 (5.19%) Databricks
4 3 (3.90%) Microsoft
5 2 (2.60%) Hyperion
5 2 (2.60%) Salesforce.com
6 1 (1.30%) Ab Initio
6 1 (1.30%) PeopleSoft
6 1 (1.30%) Progress
6 1 (1.30%) Teradata