Period
to 12 December 2017

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 12 December 2017 with a comparison to the same period in the previous 2 years.

International Financial Reporting Standards (IFRS)
UK
6 months to
12 Dec 2017
Same period 2016 Same period 2015
Rank 1096 1132 1211
Rank change year-on-year +36 +79 +84
Permanent jobs citing IFRS 84 100 73
As % of all permanent IT jobs advertised in the UK 0.047% 0.054% 0.034%
As % of the Quality Assurance & Compliance category 0.37% 0.42% 0.26%
Number of salaries quoted 60 89 56
UK median annual salary £57,500 £62,500 £60,000
Median salary % change year-on-year -8.00% +4.17% +21.21%
10th Percentile £47,950 £47,500 £38,125
90th Percentile £101,250 £102,500 £91,250
UK excluding London median annual salary £57,500 £50,000 £47,500
% change year-on-year +15.00% +5.26% -20.83%

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 22803 23882 27600
As % of all permanent IT jobs advertised in the UK 12.71% 12.82% 12.90%
Number of salaries quoted 17241 18914 21886
UK median annual salary £50,000 £47,500 £47,500
Median salary % change year-on-year +5.26% - +5.56%
10th Percentile £27,500 £27,000 £26,500
90th Percentile £78,750 £77,500 £75,000
UK excluding London median annual salary £42,500 £42,500 £42,500

IFRS
Job Vacancy Trend

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

Job vacancy trend for IFRS in the UK

IFRS
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing IFRS.

Salary trend for IFRS in the UK

IFRS
Salary Histogram

The salary distribution of IT jobs citing IFRS over the 6 months to 12 December 2017.

Salary histogram for IFRS in the UK

IFRS
Top 9 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 12 December 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -7 81 £57,500 -8.00% 6
London -6 62 £71,000 +13.60% 4
UK excluding London +15 18 £57,500 +15.00% 3
Scotland - 12 £57,500 - 1
North of England -9 10 £57,500 +15.00% 1
North West -14 9 £57,500 -4.17%
South East +34 4 £70,000 +11.11% 1
Yorkshire +14 1 £37,500 -25.00% 1
South West - 1 - -

For the 6 months to 12 December 2017, IT jobs citing IFRS also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads with a requirement for IFRS.

1 73 (86.90%) Finance
2 44 (52.38%) IFRS 9
3 36 (42.86%) Banking
4 30 (35.71%) Analytical Skills
5 26 (30.95%) SAP
5 26 (30.95%) SAS
6 22 (26.19%) Degree
7 20 (23.81%) Investment Banking
8 19 (22.62%) Retail Banking
8 19 (22.62%) Asset Management
9 18 (21.43%) Wealth Management
9 18 (21.43%) SAP BPC
9 18 (21.43%) SAP S/4HANA
10 17 (20.24%) Financial Institution
11 16 (19.05%) SQL
11 16 (19.05%) Business Intelligence
11 16 (19.05%) BusinessObjects Business Intelligence
11 16 (19.05%) Data Structures
12 15 (17.86%) SDLC
12 15 (17.86%) SAP BW
13 14 (16.67%) Python
13 14 (16.67%) Credit Risk
14 13 (15.48%) Project Management
15 12 (14.29%) MATLAB
15 12 (14.29%) Java
15 12 (14.29%) Market Risk
15 12 (14.29%) R
15 12 (14.29%) Data Analysis
16 11 (13.10%) User Acceptance Testing
17 10 (11.90%) Analytics

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 26 (30.95%) SAS
Applications
1 2 (2.38%) Microsoft Excel
Business Applications
1 18 (21.43%) SAP BPC
1 18 (21.43%) SAP S/4HANA
2 2 (2.38%) HFM
2 2 (2.38%) Oracle Procure-to-Pay
Database & Business Intelligence
1 16 (19.05%) BusinessObjects Business Intelligence
2 15 (17.86%) SAP BW
3 9 (10.71%) BusinessObjects
4 5 (5.95%) Big Data
5 2 (2.38%) Base SAS
5 2 (2.38%) Data Warehouse
5 2 (2.38%) SAP HANA
6 1 (1.19%) Data Mining
6 1 (1.19%) Relational Database
6 1 (1.19%) SAS Data Integration Studio
6 1 (1.19%) SAS Enterprise Guide
Development Applications
1 2 (2.38%) Eclipse
General
1 73 (86.90%) Finance
2 36 (42.86%) Banking
3 20 (23.81%) Investment Banking
4 19 (22.62%) Retail Banking
5 17 (20.24%) Financial Institution
6 3 (3.57%) Front Office
6 3 (3.57%) International Banking
7 2 (2.38%) Advertising
7 2 (2.38%) Law
8 1 (1.19%) Games
8 1 (1.19%) Retail
Job Titles
1 30 (35.71%) Consultant
2 22 (26.19%) Analyst
3 16 (19.05%) Developer
3 16 (19.05%) SAP BPC Consultant
3 16 (19.05%) SAP Consultant
4 14 (16.67%) Business Analyst
5 5 (5.95%) Risk Analyst
6 4 (4.76%) Banking Analyst
6 4 (4.76%) Banking Business Analyst
6 4 (4.76%) Credit Analyst
6 4 (4.76%) Credit Risk Analyst
6 4 (4.76%) Lead Business Analyst
6 4 (4.76%) Risk Manager
7 3 (3.57%) Credit Risk Manager
7 3 (3.57%) Data Consultant
7 3 (3.57%) Management Consultant
8 2 (2.38%) Financial Controller
8 2 (2.38%) Qualitative Analyst
8 2 (2.38%) Report Manager
8 2 (2.38%) Senior Risk Manager
Libraries, Frameworks & Software Standards
1 2 (2.38%) Oracle Fusion
1 2 (2.38%) SAP Fiori
2 1 (1.19%) CSS
2 1 (1.19%) Flash
2 1 (1.19%) HTML
Miscellaneous
1 30 (35.71%) Analytical Skills
2 16 (19.05%) Data Structures
3 14 (16.67%) Credit Risk
4 12 (14.29%) Market Risk
5 4 (4.76%) Foreign Exchange (FX)
6 3 (3.57%) Fintech
7 2 (2.38%) Management Information System
7 2 (2.38%) Robotics
8 1 (1.19%) Analytical Mindset
8 1 (1.19%) Mainframe
8 1 (1.19%) User Experience
Processes & Methodologies
1 19 (22.62%) Asset Management
2 18 (21.43%) Wealth Management
3 16 (19.05%) Business Intelligence
4 15 (17.86%) SDLC
5 13 (15.48%) Project Management
6 12 (14.29%) Data Analysis
7 11 (13.10%) User Acceptance Testing
8 10 (11.90%) Analytics
9 9 (10.71%) Credit Risk Modelling
10 8 (9.52%) Data Integration
11 7 (8.33%) Anti-Money Laundering
11 7 (8.33%) Credit Risk Analytics
11 7 (8.33%) Risk Analytics
12 6 (7.14%) Order to Cash
12 6 (7.14%) Procure-to-Pay
12 6 (7.14%) Record to Report
12 6 (7.14%) Scorecard
12 6 (7.14%) Stakeholder Management
12 6 (7.14%) Validation
13 5 (5.95%) Risk Management
Programming Languages
1 16 (19.05%) SQL
2 14 (16.67%) Python
3 12 (14.29%) Java
3 12 (14.29%) MATLAB
3 12 (14.29%) R
4 1 (1.19%) C#
4 1 (1.19%) SAS Macro
Qualifications
1 22 (26.19%) Degree
2 9 (10.71%) ACCA
3 7 (8.33%) CIMA
4 3 (3.57%) MBA
5 2 (2.38%) PhD
6 1 (1.19%) CIPFA
6 1 (1.19%) ISEB
6 1 (1.19%) ISTQB
Quality Assurance & Compliance
1 44 (52.38%) IFRS 9
2 9 (10.71%) Basel III
2 9 (10.71%) GAAP
3 6 (7.14%) Solvency II
4 5 (5.95%) GDPR
5 4 (4.76%) Dodd-Frank
5 4 (4.76%) FATCA
6 3 (3.57%) Data Quality
6 3 (3.57%) MiFID
7 1 (1.19%) Basel II
7 1 (1.19%) IAS 39
7 1 (1.19%) QA
Vendors
1 26 (30.95%) SAP
2 6 (7.14%) Cognos
2 6 (7.14%) Hyperion
3 2 (2.38%) Anaplan
3 2 (2.38%) Blue Prism
3 2 (2.38%) Oracle
4 1 (1.19%) Microsoft
4 1 (1.19%) Sage