Period
to 3 July 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 3 July 2020 with a comparison to the same period in the previous 2 years.

International Financial Reporting Standards (IFRS)
UK
6 months to
3 Jul 2020
Same period 2019 Same period 2018
Rank 821 1071 1121
Rank change year-on-year +250 +50 +18
Permanent jobs citing IFRS 23 47 98
As % of all permanent jobs advertised in the UK 0.029% 0.032% 0.055%
As % of the Quality Assurance & Compliance category 0.24% 0.23% 0.43%
Number of salaries quoted 16 34 67
Median annual salary £67,750 £87,500 £64,000
Median salary % change year-on-year -22.57% +36.72% +6.67%
10th Percentile £34,375 £47,375 £41,250
90th Percentile £75,000 £94,625 £88,000
UK excluding London median annual salary £47,500 £47,500 £45,000
% change year-on-year - +5.56% -10.00%

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 9,674 20,202 22,893
As % of all permanent IT jobs advertised in the UK 12.22% 13.78% 12.92%
Number of salaries quoted 7,360 14,792 17,540
Median annual salary £52,500 £50,000 £50,000
Median salary % change year-on-year +5.00% - +5.26%
10th Percentile £30,000 £28,000 £28,000
90th Percentile £85,000 £83,750 £80,000
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - +8.43%

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 3 July 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 3 July 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 +255 21 £70,000 -20.00% 4
London +143 13 £70,000 -20.00% 3
UK excluding London +235 9 £47,500 - 3
South East +131 2 £52,500 +27.27%
Midlands +121 2 - -
West Midlands - 2 - -
East of England - 2 £27,500 -
North of England +124 1 - - 1
Yorkshire +115 1 - -
Scotland +91 1 £55,000 - 2
Wales - 1 £47,500 -

For the 6 months to 3 July 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 21 (91.30%) Finance
2 10 (43.48%) IFRS 9
3 8 (34.78%) SAS
4 6 (26.09%) Hyperion
4 6 (26.09%) CIMA
4 6 (26.09%) GAAP
4 6 (26.09%) ACCA
5 5 (21.74%) Dynamics NAV
5 5 (21.74%) Credit Risk Modelling
5 5 (21.74%) Credit Risk
5 5 (21.74%) Business Transformation
5 5 (21.74%) Analytics
6 4 (17.39%) R
6 4 (17.39%) Validation
6 4 (17.39%) Stakeholder Management
6 4 (17.39%) Banking
6 4 (17.39%) Python
6 4 (17.39%) Microsoft Excel
6 4 (17.39%) SQL
7 3 (13.04%) Project Management
7 3 (13.04%) Agile Software Development
7 3 (13.04%) Waterfall
7 3 (13.04%) Problem-Solving
8 2 (8.70%) Power Platform
8 2 (8.70%) Scorecard
8 2 (8.70%) Data Lake
8 2 (8.70%) GDPR
8 2 (8.70%) Technical Analysis
8 2 (8.70%) Power BI
8 2 (8.70%) SQL Server 2016

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 (34.78%) SAS
Applications
1 4 (17.39%) Microsoft Excel
2 1 (4.35%) SPSS
Business Applications
1 5 (21.74%) Dynamics NAV
2 1 (4.35%) Hyperion Planning
2 1 (4.35%) NetSuite
Cloud Services
1 2 (8.70%) AWS
1 2 (8.70%) Power Platform
2 1 (4.35%) Boomi
Database & Business Intelligence
1 2 (8.70%) Data Lake
1 2 (8.70%) Power BI
1 2 (8.70%) SQL Server
1 2 (8.70%) SQL Server 2016
1 2 (8.70%) SQL Server Integration Services
2 1 (4.35%) Data Warehouse
2 1 (4.35%) Essbase
General
1 21 (91.30%) Finance
2 4 (17.39%) Banking
3 1 (4.35%) Legal
3 1 (4.35%) Manufacturing
3 1 (4.35%) Retail
3 1 (4.35%) Telecoms
3 1 (4.35%) Wholesale Banking
Job Titles
1 6 (26.09%) Analyst
2 3 (13.04%) Accountant
2 3 (13.04%) Financial Accountant
2 3 (13.04%) Navision Analyst
3 2 (8.70%) Analyst Developer
3 2 (8.70%) Business Developer
3 2 (8.70%) Business Intelligence Analyst
3 2 (8.70%) Business Intelligence Developer
3 2 (8.70%) Developer
3 2 (8.70%) Developer Analyst
3 2 (8.70%) Financial Analyst
3 2 (8.70%) Project Manager
3 2 (8.70%) Senior Analyst
3 2 (8.70%) Senior Business Intelligence Analyst
3 2 (8.70%) Senior Business Intelligence Developer
3 2 (8.70%) Senior Developer
3 2 (8.70%) Test Manager
4 1 (4.35%) Administrator
4 1 (4.35%) Consultant
4 1 (4.35%) Support Analyst
Miscellaneous
1 5 (21.74%) Credit Risk
2 2 (8.70%) Analytical Skills
3 1 (4.35%) Enterprise Software
3 1 (4.35%) Replication
Processes & Methodologies
1 5 (21.74%) Analytics
1 5 (21.74%) Business Transformation
1 5 (21.74%) Credit Risk Modelling
2 4 (17.39%) Stakeholder Management
2 4 (17.39%) Validation
3 3 (13.04%) Agile Software Development
3 3 (13.04%) Problem-Solving
3 3 (13.04%) Project Management
3 3 (13.04%) Waterfall
4 2 (8.70%) Data Extraction
4 2 (8.70%) Data Integration
4 2 (8.70%) Data Transformation
4 2 (8.70%) Financial Modelling
4 2 (8.70%) Integration Testing
4 2 (8.70%) Process Improvement
4 2 (8.70%) Risk Analytics
4 2 (8.70%) Scorecard
4 2 (8.70%) Technical Analysis
4 2 (8.70%) Test Management
4 2 (8.70%) Test Strategy
Programming Languages
1 4 (17.39%) Python
1 4 (17.39%) R
1 4 (17.39%) SQL
2 2 (8.70%) C++
2 2 (8.70%) T-SQL
3 1 (4.35%) C#
3 1 (4.35%) MATLAB
3 1 (4.35%) VBA
Qualifications
1 6 (26.09%) ACCA
1 6 (26.09%) CIMA
2 2 (8.70%) AAT
3 1 (4.35%) Degree
Quality Assurance & Compliance
1 10 (43.48%) IFRS 9
2 6 (26.09%) GAAP
3 2 (8.70%) GDPR
4 1 (4.35%) COREP
4 1 (4.35%) Sarbanes-Oxley
4 1 (4.35%) Solvency II
Vendors
1 6 (26.09%) Hyperion
2 2 (8.70%) Cognizant
2 2 (8.70%) Informatica
3 1 (4.35%) Oracle
3 1 (4.35%) Salesforce.com