Period
to 15 April 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 15 April 2021 with a comparison to the same period in the previous 2 years.

International Financial Reporting Standards (IFRS)
UK
6 months to
15 Apr 2021
Same period 2020 Same period 2019
Rank 815 943 1054
Rank change year-on-year +128 +111 +59
Permanent jobs citing IFRS 29 28 85
As % of all permanent jobs advertised in the UK 0.035% 0.025% 0.057%
As % of the Quality Assurance & Compliance category 0.28% 0.20% 0.41%
Number of salaries quoted 15 18 70
10th Percentile £53,750 £48,875 £55,625
25th Percentile £61,250 £59,375 £67,500
Median annual salary (50th Percentile) £71,750 £68,750 £75,000
Median % change year-on-year +4.36% -8.33% +7.14%
75th Percentile £77,813 £75,000 £92,188
90th Percentile £109,000 £86,250 £95,125
UK excluding London median annual salary - £55,000 £51,250
% change year-on-year - +7.32% -29.31%

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 10,292 13,899 20,978
As % of all permanent IT jobs advertised in the UK 12.30% 12.36% 14.09%
Number of salaries quoted 7,202 10,803 15,418
10th Percentile £31,250 £28,750 £27,625
25th Percentile £40,977 £37,500 £37,263
Median annual salary (50th Percentile) £52,500 £52,500 £50,000
Median % change year-on-year - +5.00% -
75th Percentile £70,000 £70,000 £67,500
90th Percentile £85,000 £85,000 £82,500
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - -

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 15 April 2021.

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 15 April 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 +130 28 £71,750 +2.50% 17
London +110 25 £71,750 +2.50% 14
UK excluding London +98 4 - - 3
Work from Home - 4 £72,250 - 2
South East +88 1 - -
North of England +40 1 - - 1
Scotland +14 1 - -
Yorkshire +7 1 - -
South West - 1 - - 1

For the 6 months to 15 April 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 29 (100.00%) Finance
2 8 (27.59%) Oracle
3 7 (24.14%) Credit Risk
3 7 (24.14%) Target Operating Model
4 6 (20.69%) User Acceptance Testing
4 6 (20.69%) MiFID
4 6 (20.69%) Stakeholder Management
5 5 (17.24%) ERP
5 5 (17.24%) General Ledger
5 5 (17.24%) Solvency II
5 5 (17.24%) IFRS 9
6 4 (13.79%) Data Management
7 3 (10.34%) Microsoft Excel
7 3 (10.34%) SAP
7 3 (10.34%) Continuous Improvement
7 3 (10.34%) Master Data Management
7 3 (10.34%) Oracle General Ledger
7 3 (10.34%) Oracle Fusion
7 3 (10.34%) Analytical Skills
7 3 (10.34%) Payment Gateway
8 2 (6.90%) Fintech
8 2 (6.90%) Decision-Making
8 2 (6.90%) Release Management
8 2 (6.90%) Unit Testing
8 2 (6.90%) Financial Analysis
8 2 (6.90%) Stakeholder Engagement
8 2 (6.90%) Oracle Smart View
8 2 (6.90%) Oracle Reports
8 2 (6.90%) Python
8 2 (6.90%) Microsoft Office

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 1 (3.45%) SAS
1 1 (3.45%) SharePoint
Applications
1 3 (10.34%) Microsoft Excel
2 2 (6.90%) Microsoft Office
2 2 (6.90%) Microsoft PowerPoint
3 1 (3.45%) Spreadsheet
Business Applications
1 3 (10.34%) Oracle General Ledger
1 3 (10.34%) Payment Gateway
2 2 (6.90%) HFM
3 1 (3.45%) Oracle Applications
3 1 (3.45%) Oracle Procure-to-Pay
3 1 (3.45%) SAP Oil and Gas
3 1 (3.45%) SAP S/4HANA
Cloud Services
1 1 (3.45%) Dynamics 365
1 1 (3.45%) Microsoft 365
Communications & Networking
1 1 (3.45%) 5G
Database & Business Intelligence
1 2 (6.90%) Oracle Reports
1 2 (6.90%) Oracle Smart View
2 1 (3.45%) BusinessObjects
2 1 (3.45%) Essbase
2 1 (3.45%) Oracle BI EE
2 1 (3.45%) Relational Database
2 1 (3.45%) SQL Server Reporting Services
General
1 29 (100.00%) Finance
2 5 (17.24%) General Ledger
3 2 (6.90%) Banking
3 2 (6.90%) Telecoms
4 1 (3.45%) Financial Institution
4 1 (3.45%) Investment Banking
4 1 (3.45%) Manufacturing
4 1 (3.45%) Wholesale Banking
Job Titles
1 17 (58.62%) Analyst
2 10 (34.48%) Business Analyst
3 7 (24.14%) Senior Analyst
4 6 (20.69%) Financial Analyst
4 6 (20.69%) Investment Banking Business Analyst
4 6 (20.69%) Regulatory Business Analyst
4 6 (20.69%) Senior Business Analyst
4 6 (20.69%) Senior Investment Banking Business Analyst
5 5 (17.24%) Service Analyst
6 4 (13.79%) Governance Analyst
6 4 (13.79%) Risk Analyst
7 3 (10.34%) Consultant
8 2 (6.90%) Actuarial Analyst
8 2 (6.90%) Insurance Business Analyst
8 2 (6.90%) Report Manager
8 2 (6.90%) Transformation Consultant
9 1 (3.45%) Actuarial Business Analyst
9 1 (3.45%) Finance Business Analyst
9 1 (3.45%) Finance Systems Analyst
9 1 (3.45%) Financial Services Business Analyst
Libraries, Frameworks & Software Standards
1 3 (10.34%) Oracle Fusion
Miscellaneous
1 7 (24.14%) Credit Risk
2 3 (10.34%) Analytical Skills
3 1 (3.45%) Foreign Exchange (FX)
Processes & Methodologies
1 7 (24.14%) Target Operating Model
2 6 (20.69%) Stakeholder Management
2 6 (20.69%) User Acceptance Testing
3 5 (17.24%) ERP
4 4 (13.79%) Data Management
5 3 (10.34%) Continuous Improvement
5 3 (10.34%) Master Data Management
6 2 (6.90%) Change Management
6 2 (6.90%) Decision-Making
6 2 (6.90%) Financial Analysis
6 2 (6.90%) Fintech
6 2 (6.90%) Release Management
6 2 (6.90%) Risk Management
6 2 (6.90%) Stakeholder Engagement
6 2 (6.90%) Unit Testing
7 1 (3.45%) Agile Software Development
7 1 (3.45%) Business Intelligence
7 1 (3.45%) PRINCE
7 1 (3.45%) PRINCE2
7 1 (3.45%) Project Management
Programming Languages
1 2 (6.90%) Python
1 2 (6.90%) SQL
2 1 (3.45%) Java
2 1 (3.45%) VBA
Qualifications
1 2 (6.90%) ACCA
1 2 (6.90%) CIMA
1 2 (6.90%) CISA
1 2 (6.90%) ICAEW
2 1 (3.45%) CFA
2 1 (3.45%) Degree
2 1 (3.45%) Master's Degree
2 1 (3.45%) PMI Certification
2 1 (3.45%) PMP
2 1 (3.45%) PRINCE2 Certification
Quality Assurance & Compliance
1 6 (20.69%) MiFID
2 5 (17.24%) IFRS 9
2 5 (17.24%) Solvency II
3 2 (6.90%) Sarbanes-Oxley
4 1 (3.45%) GAAP
4 1 (3.45%) ITGC
Vendors
1 8 (27.59%) Oracle
2 3 (10.34%) SAP
3 2 (6.90%) Microsoft
4 1 (3.45%) Anaplan
4 1 (3.45%) Hyperion
4 1 (3.45%) Workday