Period
to 28 September 2020

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 28 September 2020 with a comparison to the same period in the previous 2 years.

International Financial Reporting Standards (IFRS)
UK
6 months to
28 Sep 2020
Same period 2019 Same period 2018
Rank 661 1020 1063
Rank change year-on-year +359 +43 +92
Permanent jobs citing IFRS 25 60 122
As % of all permanent jobs advertised in the UK 0.052% 0.043% 0.073%
As % of the Quality Assurance & Compliance category 0.44% 0.32% 0.56%
Number of salaries quoted 24 35 98
Median annual salary £68,750 £55,000 £64,500
Median salary % change year-on-year +25.00% -14.73% +12.17%
10th Percentile £41,625 £31,000 £41,250
90th Percentile £82,500 £93,750 £80,000
UK excluding London median annual salary £61,250 £37,500 £45,000
% change year-on-year +63.33% -16.67% -21.74%

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 5,718 18,548 21,869
As % of all permanent IT jobs advertised in the UK 11.91% 13.31% 13.14%
Number of salaries quoted 4,435 13,725 16,623
Median annual salary £55,000 £50,000 £50,000
Median salary % change year-on-year +10.00% - -
10th Percentile £31,250 £28,000 £28,500
90th Percentile £86,250 £82,500 £80,000
UK excluding London median annual salary £50,000 £45,000 £45,000
% change year-on-year +11.11% - +5.88%

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 28 September 2020.

Salary histogram for IFRS in the UK

IFRS
Top 11 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 28 September 2020. 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 +361 25 £68,750 +25.00% 20
UK excluding London +313 12 £61,250 +63.33% 6
London +250 12 £75,000 -11.76% 15
South East +219 5 £62,500 +13.64%
Midlands +143 3 £67,500 +98.53% 3
East of England - 3 £27,500 -
West Midlands +103 2 £70,000 +105.88% 2
North of England +178 1 £40,000 - 2
East Midlands +103 1 £67,500 - 1
Work from Home +57 1 £85,000 - 2
North West - 1 £40,000 - 2

For the 6 months to 28 September 2020, 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 22 (88.00%) Finance
2 10 (40.00%) GDPR
3 7 (28.00%) Validation
3 7 (28.00%) SQL
3 7 (28.00%) SQL Server
3 7 (28.00%) Microsoft Excel
4 6 (24.00%) Business Intelligence
4 6 (24.00%) Reinsurance
4 6 (24.00%) User Acceptance Testing
4 6 (24.00%) Analytics
5 5 (20.00%) Data Cleansing
5 5 (20.00%) Power BI
5 5 (20.00%) Analytical Skills
5 5 (20.00%) ISEB
5 5 (20.00%) Data Modelling
5 5 (20.00%) Data Mining
5 5 (20.00%) Banking
5 5 (20.00%) Data Analysis
5 5 (20.00%) Power Platform
6 4 (16.00%) Data Enrichment
6 4 (16.00%) Requirements Workshops
6 4 (16.00%) ACCA
6 4 (16.00%) Business Analytics
6 4 (16.00%) Relational Database
6 4 (16.00%) Data Validation
6 4 (16.00%) Data Mapping
6 4 (16.00%) Data Governance
7 3 (12.00%) IFRS 9
7 3 (12.00%) SAS
7 3 (12.00%) Microsoft

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 3 (12.00%) SAS
2 1 (4.00%) Apache Spark
Applications
1 7 (28.00%) Microsoft Excel
2 1 (4.00%) Microsoft Office
2 1 (4.00%) SPSS
Business Applications
1 1 (4.00%) NetSuite
1 1 (4.00%) Oracle Financials
1 1 (4.00%) SAP SD
Cloud Services
1 5 (20.00%) Power Platform
2 1 (4.00%) AWS
2 1 (4.00%) Azure
2 1 (4.00%) Boomi
2 1 (4.00%) Office 365
Database & Business Intelligence
1 7 (28.00%) SQL Server
2 5 (20.00%) Data Mining
2 5 (20.00%) Power BI
3 4 (16.00%) Relational Database
4 1 (4.00%) Big Data
4 1 (4.00%) Data Warehouse
4 1 (4.00%) Hadoop
4 1 (4.00%) QlikView
4 1 (4.00%) SQL Server 2016
4 1 (4.00%) SQL Server Integration Services
General
1 22 (88.00%) Finance
2 5 (20.00%) Banking
3 2 (8.00%) Financial Institution
4 1 (4.00%) Back Office
4 1 (4.00%) Legal
4 1 (4.00%) Manufacturing
4 1 (4.00%) Telecoms
Job Titles
1 13 (52.00%) Analyst
2 11 (44.00%) Business Analyst
3 7 (28.00%) Finance Business Analyst
3 7 (28.00%) Financial Analyst
3 7 (28.00%) Insurance Business Analyst
3 7 (28.00%) Regulatory Business Analyst
4 4 (16.00%) Reinsurance Business Analyst
5 3 (12.00%) Consultant
6 2 (8.00%) Accountant
6 2 (8.00%) Developer
6 2 (8.00%) Financial Accountant
6 2 (8.00%) Report Manager
7 1 (4.00%) Applications Developer
7 1 (4.00%) Data Scientist
7 1 (4.00%) Finance Manager
7 1 (4.00%) NetSuite Analyst
7 1 (4.00%) Risk Consultant
7 1 (4.00%) Senior Applications Support
7 1 (4.00%) Senior Business Intelligence Developer
7 1 (4.00%) Senior Data Scientist
Libraries, Frameworks & Software Standards
1 1 (4.00%) COM
Miscellaneous
1 6 (24.00%) Reinsurance
2 5 (20.00%) Analytical Skills
3 2 (8.00%) Credit Risk
4 1 (4.00%) Client/Server
4 1 (4.00%) Enterprise Software
4 1 (4.00%) Management Information System
4 1 (4.00%) Robotics
4 1 (4.00%) Self-Motivation
Processes & Methodologies
1 7 (28.00%) Validation
2 6 (24.00%) Analytics
2 6 (24.00%) Business Intelligence
2 6 (24.00%) User Acceptance Testing
3 5 (20.00%) Data Analysis
3 5 (20.00%) Data Cleansing
3 5 (20.00%) Data Modelling
4 4 (16.00%) Business Analytics
4 4 (16.00%) Data Enrichment
4 4 (16.00%) Data Governance
4 4 (16.00%) Data Mapping
4 4 (16.00%) Data Validation
4 4 (16.00%) Requirements Workshops
5 2 (8.00%) Agile Software Development
5 2 (8.00%) Business Development
5 2 (8.00%) Data Analytics
5 2 (8.00%) People Management
5 2 (8.00%) Problem-Solving
5 2 (8.00%) SDLC
5 2 (8.00%) Waterfall
Programming Languages
1 7 (28.00%) SQL
2 1 (4.00%) Python
2 1 (4.00%) R
2 1 (4.00%) T-SQL
2 1 (4.00%) VBA
Qualifications
1 5 (20.00%) ISEB
2 4 (16.00%) ACCA
3 2 (8.00%) AAT
3 2 (8.00%) Degree
Quality Assurance & Compliance
1 10 (40.00%) GDPR
2 3 (12.00%) IFRS 9
3 2 (8.00%) Sarbanes-Oxley
4 1 (4.00%) GAAP
4 1 (4.00%) ITGC
4 1 (4.00%) SLA
4 1 (4.00%) Solvency II
Vendors
1 3 (12.00%) Microsoft
2 2 (8.00%) Oracle
2 2 (8.00%) Salesforce.com
2 2 (8.00%) SAP
3 1 (4.00%) Ab Initio
3 1 (4.00%) Tagetik
3 1 (4.00%) Teradata