Period
to 23 September 2019

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 23 September 2019 with a comparison to the same period in the previous 2 years.

International Financial Reporting Standards (IFRS)
UK
6 months to
23 Sep 2019
Same period 2018 Same period 2017
Rank 1020 1053 1148
Rank change year-on-year +33 +95 -2
Permanent jobs citing IFRS 57 118 68
As % of all permanent IT jobs advertised in the UK 0.041% 0.071% 0.039%
As % of the Quality Assurance & Compliance category 0.31% 0.54% 0.31%
Number of salaries quoted 34 93 53
UK median annual salary £65,000 £62,500 £57,500
Median salary % change year-on-year +4.00% +8.70% -8.00%
10th Percentile £31,000 £41,250 £43,550
90th Percentile £93,750 £80,000 £80,250
UK excluding London median annual salary £37,500 £45,000 £57,500
% change year-on-year -16.67% -21.74% -17.86%

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 18,623 21,718 21,679
As % of all permanent IT jobs advertised in the UK 13.30% 13.14% 12.34%
Number of salaries quoted 13,771 16,494 16,060
UK median annual salary £50,000 £50,000 £50,000
10th Percentile £28,000 £28,500 £27,500
90th Percentile £82,500 £80,000 £77,500
UK excluding London median annual salary £45,000 £45,000 £42,500
% change year-on-year - +5.88% -

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 23 September 2019.

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 23 September 2019. 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 +20 56 £65,000 - 16
London +27 33 £85,000 +30.77% 14
UK excluding London +44 23 £37,500 -16.67% 3
Midlands +43 11 £34,000 -24.44% 1
West Midlands +39 9 £34,000 -62.22% 1
South East +36 8 £55,000 -12.00%
North of England +16 4 £40,000 -5.88% 1
Yorkshire - 4 £40,000 - 1
East Midlands +22 1 - -

For the 6 months to 23 September 2019, 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 48 (84.21%) Finance
2 29 (50.88%) Stakeholder Management
3 24 (42.11%) SQL
4 21 (36.84%) Oracle
4 21 (36.84%) SAS
4 21 (36.84%) Degree
5 20 (35.09%) Banking
6 19 (33.33%) Agile Software Development
6 19 (33.33%) Risk Management
6 19 (33.33%) IFRS 9
7 16 (28.07%) Analytical Skills
7 16 (28.07%) Credit Risk
8 15 (26.32%) ERP
8 15 (26.32%) C
8 15 (26.32%) C++
8 15 (26.32%) Java
9 13 (22.81%) Unix
9 13 (22.81%) Python
9 13 (22.81%) Linux
9 13 (22.81%) Oracle ERP
9 13 (22.81%) Scrum
9 13 (22.81%) Oracle EBS
9 13 (22.81%) QA
9 13 (22.81%) Software Engineering
9 13 (22.81%) Kanban
9 13 (22.81%) Oracle Fusion
9 13 (22.81%) R
9 13 (22.81%) Critical Thinking
10 11 (19.30%) Data Science
10 11 (19.30%) Statistical Modelling

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 21 (36.84%) SAS
2 1 (1.75%) Apache Spark
Applications
1 10 (17.54%) Microsoft Excel
2 4 (7.02%) Microsoft Office
3 1 (1.75%) Microsoft PowerPoint
Business Applications
1 13 (22.81%) Oracle EBS
1 13 (22.81%) Oracle ERP
2 4 (7.02%) SAP S/4HANA
3 1 (1.75%) HFM
3 1 (1.75%) Hyperion Planning
3 1 (1.75%) Oracle Financials
3 1 (1.75%) Oracle General Ledger
3 1 (1.75%) Oracle Procure-to-Pay
3 1 (1.75%) SAP BPC
Communications & Networking
1 9 (15.79%) Firewall
Database & Business Intelligence
1 9 (15.79%) Oracle Database
2 6 (10.53%) SQL Server
3 1 (1.75%) Base SAS
3 1 (1.75%) Big Data
3 1 (1.75%) BusinessObjects
3 1 (1.75%) Hadoop
3 1 (1.75%) QlikView
3 1 (1.75%) SAS Data Integration Studio
3 1 (1.75%) SAS Visual Analytics
General
1 48 (84.21%) Finance
2 20 (35.09%) Banking
3 9 (15.79%) Financial Institution
4 6 (10.53%) Back Office
4 6 (10.53%) General Ledger
5 2 (3.51%) Corporate Banking
5 2 (3.51%) Investment Banking
5 2 (3.51%) Legal
5 2 (3.51%) Telecoms
6 1 (1.75%) Games
6 1 (1.75%) Marketing
Job Titles
1 16 (28.07%) Consultant
2 15 (26.32%) Analyst
3 9 (15.79%) Risk Consultant
3 9 (15.79%) Software Engineer
4 7 (12.28%) Credit Analyst
4 7 (12.28%) Credit Risk Analyst
4 7 (12.28%) Risk Analyst
5 6 (10.53%) Banking Analyst
5 6 (10.53%) Qualitative Analyst
5 6 (10.53%) Quantitative Analyst
5 6 (10.53%) Quantitative Risk Analyst
6 5 (8.77%) Financial Analyst
6 5 (8.77%) Informatica Engineer
7 4 (7.02%) Credit Risk Modeller
7 4 (7.02%) SAP Consultant
7 4 (7.02%) Senior Software Engineer
8 3 (5.26%) Graduate
8 3 (5.26%) Graduate Consultant
9 2 (3.51%) Finance Business Analyst
9 2 (3.51%) Financial Business Analyst
Libraries, Frameworks & Software Standards
1 13 (22.81%) Oracle Fusion
2 6 (10.53%) .NET
Miscellaneous
1 16 (28.07%) Analytical Skills
1 16 (28.07%) Credit Risk
2 6 (10.53%) Derivative
3 4 (7.02%) Virtual Team
4 3 (5.26%) Foreign Exchange (FX)
5 2 (3.51%) Self-Motivation
6 1 (1.75%) Reinsurance
6 1 (1.75%) User Experience
Operating Systems
1 13 (22.81%) Linux
1 13 (22.81%) Unix
2 9 (15.79%) Windows
Processes & Methodologies
1 29 (50.88%) Stakeholder Management
2 19 (33.33%) Agile Software Development
2 19 (33.33%) Risk Management
3 15 (26.32%) ERP
4 13 (22.81%) Critical Thinking
4 13 (22.81%) Kanban
4 13 (22.81%) Scrum
4 13 (22.81%) Software Engineering
5 11 (19.30%) Computer Science
5 11 (19.30%) Data Science
5 11 (19.30%) Statistical Modelling
6 9 (15.79%) Business Analysis
6 9 (15.79%) Economics
6 9 (15.79%) Predictive Modelling
6 9 (15.79%) Quantitative Analysis
7 8 (14.04%) Mathematics
8 6 (10.53%) Physics
8 6 (10.53%) Project Management
8 6 (10.53%) Statistics
8 6 (10.53%) Stress Testing
Programming Languages
1 24 (42.11%) SQL
2 15 (26.32%) C
2 15 (26.32%) C++
2 15 (26.32%) Java
3 13 (22.81%) Python
3 13 (22.81%) R
4 9 (15.79%) C#
4 9 (15.79%) PL/SQL
4 9 (15.79%) Scala
4 9 (15.79%) VBA
5 6 (10.53%) MATLAB
Qualifications
1 21 (36.84%) Degree
2 7 (12.28%) CFA
3 6 (10.53%) PhD
4 1 (1.75%) ACCA
Quality Assurance & Compliance
1 19 (33.33%) IFRS 9
2 13 (22.81%) QA
3 9 (15.79%) Basel II
4 7 (12.28%) GAAP
5 6 (10.53%) Solvency II
6 5 (8.77%) Data Quality
7 2 (3.51%) MiFID
8 1 (1.75%) Dodd-Frank
8 1 (1.75%) FATCA
8 1 (1.75%) GDPR
8 1 (1.75%) PMO
8 1 (1.75%) Sarbanes-Oxley
Vendors
1 21 (36.84%) Oracle
2 11 (19.30%) SAP
3 9 (15.79%) Informatica
4 7 (12.28%) Hyperion
5 1 (1.75%) Ab Initio
5 1 (1.75%) Anaplan
5 1 (1.75%) Cognos
5 1 (1.75%) HP
5 1 (1.75%) Microsoft
5 1 (1.75%) Tagetik
5 1 (1.75%) Teradata