Period
to 16 August 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 16 August 2017 with a comparison to the same period in the previous 2 years.

International Financial Reporting Standards (IFRS)
UK
6 months to
16 Aug 2017
Same period 2016 Same period 2015
Rank 1133 1141 1265
Rank change year-on-year +8 +124 +9
Permanent jobs citing IFRS 50 114 49
As % of all permanent IT jobs advertised in the UK 0.028% 0.058% 0.023%
As % of the Quality Assurance & Compliance category 0.23% 0.44% 0.17%
Number of salaries quoted 47 96 37
UK median annual salary £62,500 £62,500 £54,000
Median salary % change year-on-year - +15.74% -0.92%
10th Percentile £38,686 £47,500 £31,750
90th Percentile £78,250 £77,000 £102,500
UK excluding London median annual salary £45,000 £70,000 £33,500
% change year-on-year -35.71% +108.96% -10.67%

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

Quality Assurance & Compliance Skills
UK
Permanent job vacancies with a requirement for quality assurance and compliance skills 21555 26127 28080
As % of all permanent IT job vacancies advertised in the UK 12.20% 13.19% 12.92%
Number of salaries quoted 16117 20724 22058
UK median annual salary £48,000 £48,000 £45,000
Median salary % change year-on-year - +6.67% -
10th Percentile £27,000 £26,750 £26,250
90th Percentile £77,500 £77,500 £75,000
UK excluding London median annual salary £42,500 £42,500 £40,000
% change year-on-year - +6.25% -

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 16 August 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 16 August 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 +5 46 £63,000 +0.80% 14
London +25 39 £64,250 +2.80% 7
UK excluding London -4 11 £45,000 -35.71% 7
Scotland -1 5 £36,715 -50.72%
South East +71 3 £40,000 - 1
North of England -26 3 £63,750 +6.25% 1
North West -43 3 £63,750 +6.25% 1
West Midlands - 1 £45,000 -
Midlands - 1 £45,000 - 1

For the 6 months to 16 August 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 36 (72.00%) Finance
2 26 (52.00%) IFRS 9
3 22 (44.00%) SAS
4 20 (40.00%) Banking
5 18 (36.00%) Credit Risk
6 17 (34.00%) Analytical Skills
7 15 (30.00%) Business Analysis
8 14 (28.00%) SQL
9 11 (22.00%) Retail
9 11 (22.00%) User Acceptance Testing
10 10 (20.00%) Process Improvement
11 9 (18.00%) MiFID
11 9 (18.00%) Stress Testing
12 7 (14.00%) Basel II
12 7 (14.00%) Foreign Exchange (FX)
12 7 (14.00%) Retail Banking
13 6 (12.00%) International Banking
13 6 (12.00%) Strategic Management
13 6 (12.00%) Data Management
13 6 (12.00%) IAS 39
13 6 (12.00%) Project Planning
13 6 (12.00%) Degree
13 6 (12.00%) Integration Testing
13 6 (12.00%) Quantitative Analysis
13 6 (12.00%) Base SAS
13 6 (12.00%) Data Quality
13 6 (12.00%) Analytics
13 6 (12.00%) Advertising
13 6 (12.00%) Front Office
13 6 (12.00%) Benchmarking

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 22 (44.00%) SAS
Applications
1 2 (4.00%) Microsoft Office
2 1 (2.00%) Microsoft Excel
Business Applications
1 5 (10.00%) Dynamics GP
2 2 (4.00%) SAP BPC
2 2 (4.00%) SAP S/4HANA
3 1 (2.00%) Payment Gateway
3 1 (2.00%) Sage 200
Communications & Networking
1 1 (2.00%) Broadband
Database & Business Intelligence
1 6 (12.00%) Base SAS
1 6 (12.00%) Data Warehouse
2 2 (4.00%) Oracle Database
2 2 (4.00%) RDBMS
2 2 (4.00%) Relational Database
2 2 (4.00%) SQL Server
3 1 (2.00%) BusinessObjects
3 1 (2.00%) BusinessObjects Business Intelligence
3 1 (2.00%) Data Mining
3 1 (2.00%) SAP BW
3 1 (2.00%) SAS Data Integration Studio
3 1 (2.00%) SAS Enterprise Guide
General
1 36 (72.00%) Finance
2 20 (40.00%) Banking
3 11 (22.00%) Retail
4 7 (14.00%) Retail Banking
5 6 (12.00%) Advertising
5 6 (12.00%) Front Office
5 6 (12.00%) International Banking
6 2 (4.00%) Investment Banking
7 1 (2.00%) Billing
7 1 (2.00%) Legal
7 1 (2.00%) Manufacturing
7 1 (2.00%) Marketing
7 1 (2.00%) Telecoms
Job Titles
1 26 (52.00%) Analyst
2 14 (28.00%) Business Analyst
3 11 (22.00%) Risk Analyst
4 10 (20.00%) Financial Analyst
5 8 (16.00%) Banking Analyst
5 8 (16.00%) Developer
6 7 (14.00%) Risk Manager
7 6 (12.00%) Banking Business Analyst
7 6 (12.00%) Credit Analyst
7 6 (12.00%) Credit Risk Analyst
8 5 (10.00%) Finance Business Analyst
8 5 (10.00%) Insurance Business Analyst
8 5 (10.00%) Lead Developer
8 5 (10.00%) Operations Analyst
8 5 (10.00%) Operations Business Analyst
8 5 (10.00%) SAS Developer
8 5 (10.00%) Senior Analyst
8 5 (10.00%) Senior Business Analyst
8 5 (10.00%) Senior Financial Analyst
8 5 (10.00%) Senior Operations Analyst
Miscellaneous
1 18 (36.00%) Credit Risk
2 17 (34.00%) Analytical Skills
3 7 (14.00%) Foreign Exchange (FX)
4 5 (10.00%) Reinsurance
5 2 (4.00%) Market Risk
6 1 (2.00%) Data Structures
6 1 (2.00%) Fintech
6 1 (2.00%) Mainframe
6 1 (2.00%) Management Information System
6 1 (2.00%) User Experience
Processes & Methodologies
1 15 (30.00%) Business Analysis
2 11 (22.00%) User Acceptance Testing
3 10 (20.00%) Process Improvement
4 9 (18.00%) Stress Testing
5 6 (12.00%) Analytics
5 6 (12.00%) Benchmarking
5 6 (12.00%) Data Management
5 6 (12.00%) Data Strategy
5 6 (12.00%) Integration Testing
5 6 (12.00%) Project Planning
5 6 (12.00%) Quantitative Analysis
5 6 (12.00%) SDLC
5 6 (12.00%) Strategic Management
6 5 (10.00%) Credit Risk Analytics
6 5 (10.00%) Quality Management
6 5 (10.00%) Requirements Analysis
6 5 (10.00%) Risk Analytics
6 5 (10.00%) Scorecard
6 5 (10.00%) Stakeholder Management
6 5 (10.00%) Validation
Programming Languages
1 14 (28.00%) SQL
2 3 (6.00%) R
3 1 (2.00%) MATLAB
3 1 (2.00%) Python
3 1 (2.00%) SAS Macro
Qualifications
1 6 (12.00%) Degree
2 2 (4.00%) ACCA
2 2 (4.00%) CCAB
2 2 (4.00%) CIMA
Quality Assurance & Compliance
1 26 (52.00%) IFRS 9
2 9 (18.00%) MiFID
3 7 (14.00%) Basel II
4 6 (12.00%) Data Quality
4 6 (12.00%) IAS 39
5 3 (6.00%) QA
6 2 (4.00%) Solvency II
7 1 (2.00%) Basel III
7 1 (2.00%) COREP
7 1 (2.00%) Dodd-Frank
7 1 (2.00%) EMIR
7 1 (2.00%) FINREP
Vendors
1 6 (12.00%) Oracle
2 4 (8.00%) Teradata
3 2 (4.00%) SAP
4 1 (2.00%) Cognos
4 1 (2.00%) Hyperion
4 1 (2.00%) Microsoft
4 1 (2.00%) Sage
4 1 (2.00%) Salesforce.com
4 1 (2.00%) Zuora