Period
to 23 May 2018

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 May 2018 with a comparison to the same period in the previous 2 years.

International Financial Reporting Standards (IFRS)
UK
6 months to
23 May 2018
Same period 2017 Same period 2016
Rank 1100 1104 1112
Rank change year-on-year +4 +8 +147
Permanent jobs citing IFRS 83 62 159
As % of all permanent IT jobs advertised in the UK 0.048% 0.037% 0.079%
As % of the Quality Assurance & Compliance category 0.37% 0.30% 0.60%
Number of salaries quoted 54 52 131
UK median annual salary £68,750 £60,000 £65,000
Median salary % change year-on-year +14.58% -7.69% +39.78%
10th Percentile £41,625 £42,600 £47,500
90th Percentile £92,500 £76,125 £77,000
UK excluding London median annual salary £52,500 £50,000 £70,000
% change year-on-year +5.00% -28.57% +108.96%

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 22,564 20,364 26,466
As % of all permanent IT jobs advertised in the UK 13.13% 12.04% 13.18%
Number of salaries quoted 17,351 15,943 20,991
UK median annual salary £50,000 £47,500 £47,500
Median salary % change year-on-year +5.26% - +5.56%
10th Percentile £28,250 £26,500 £26,250
90th Percentile £80,000 £77,500 £75,625
UK excluding London median annual salary £45,000 £40,000 £42,500
% change year-on-year +12.50% -5.88% +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 23 May 2018.

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 23 May 2018. 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 +10 71 £70,000 +14.29% 14
London +4 55 £70,000 +12.00% 6
UK excluding London -28 22 £52,500 +5.00% 9
South East -14 9 £75,000 +50.00% 3
Scotland -28 6 £45,000 +22.57% 1
North of England -1 4 £40,000 -42.86%
North West +4 3 £42,500 -42.37%
East of England - 2 - - 3
Yorkshire +30 1 £37,500 -25.00%
Midlands +17 1 - -
West Midlands +13 1 - -

For the 6 months to 23 May 2018, 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 53 (63.86%) Finance
2 49 (59.04%) IFRS 9
3 23 (27.71%) SAS
4 20 (24.10%) Credit Risk
5 19 (22.89%) Banking
5 19 (22.89%) GAAP
6 15 (18.07%) ACCA
6 15 (18.07%) SQL
6 15 (18.07%) Degree
7 14 (16.87%) Solvency II
7 14 (16.87%) FATCA
8 13 (15.66%) Analytical Skills
8 13 (15.66%) SAP
8 13 (15.66%) CIMA
9 12 (14.46%) Financial Institution
9 12 (14.46%) Dodd-Frank
9 12 (14.46%) GDPR
10 11 (13.25%) Data Science
10 11 (13.25%) Big Data
10 11 (13.25%) Validation
10 11 (13.25%) Microsoft Excel
11 10 (12.05%) Analytics
11 10 (12.05%) Budgeting and Forecasting
12 9 (10.84%) Microsoft Office
12 9 (10.84%) Data Modelling
12 9 (10.84%) Oracle
12 9 (10.84%) Migration
12 9 (10.84%) Agile Software Development
13 8 (9.64%) Data Migration
13 8 (9.64%) Financial 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 23 (27.71%) SAS
2 6 (7.23%) Confluence
3 1 (1.20%) NetWeaver
Applications
1 11 (13.25%) Microsoft Excel
2 9 (10.84%) Microsoft Office
3 7 (8.43%) MS Visio
Business Applications
1 7 (8.43%) SAP FI
2 6 (7.23%) SAP CO
2 6 (7.23%) SAP FI/CO
3 5 (6.02%) SAP S/4HANA
4 2 (2.41%) Oracle General Ledger
4 2 (2.41%) SAP BPC
5 1 (1.20%) Oracle Assets
5 1 (1.20%) Oracle Payables
5 1 (1.20%) Oracle Receivables
5 1 (1.20%) SAP FI-GL
5 1 (1.20%) SAP MDG
Cloud Services
1 6 (7.23%) IBM Blueworks
2 2 (2.41%) Cloud Computing
3 1 (1.20%) SaaS
3 1 (1.20%) SuccessFactors
Database & Business Intelligence
1 11 (13.25%) Big Data
2 7 (8.43%) SQL Server
3 6 (7.23%) Data Warehouse
3 6 (7.23%) SQL Server Integration Services
4 5 (6.02%) SAP BW
5 4 (4.82%) BusinessObjects
6 2 (2.41%) SAP HANA
7 1 (1.20%) Base SAS
7 1 (1.20%) BusinessObjects Business Intelligence
7 1 (1.20%) QlikView
Development Applications
1 6 (7.23%) JIRA
2 1 (1.20%) Eclipse
General
1 53 (63.86%) Finance
2 19 (22.89%) Banking
3 12 (14.46%) Financial Institution
4 3 (3.61%) Marketing
4 3 (3.61%) Retail Banking
5 2 (2.41%) Billing
5 2 (2.41%) General Ledger
5 2 (2.41%) German Language
5 2 (2.41%) Law
5 2 (2.41%) Legal
5 2 (2.41%) Retail
6 1 (1.20%) Advertising
6 1 (1.20%) Investment Banking
6 1 (1.20%) Retail Finance
Job Titles
1 27 (32.53%) Analyst
2 19 (22.89%) Consultant
3 13 (15.66%) Business Analyst
4 8 (9.64%) SAP Consultant
5 7 (8.43%) Credit Analyst
6 6 (7.23%) Data Business Analyst
6 6 (7.23%) Data Consultant
6 6 (7.23%) Data Manager
6 6 (7.23%) Management Consultant
7 5 (6.02%) Data Migration Manager
7 5 (6.02%) Migration Manager
7 5 (6.02%) Senior Consultant
8 4 (4.82%) Financial Analyst
8 4 (4.82%) SAS Analyst
8 4 (4.82%) Senior Management Consultant
8 4 (4.82%) Senior Manager
9 3 (3.61%) Business Manager
9 3 (3.61%) Credit Risk Analyst
9 3 (3.61%) Risk Manager
9 3 (3.61%) Senior Analyst
Libraries, Frameworks & Software Standards
1 6 (7.23%) XML
1 6 (7.23%) XSD
2 1 (1.20%) SAP Fiori
Miscellaneous
1 20 (24.10%) Credit Risk
2 13 (15.66%) Analytical Skills
3 3 (3.61%) Management Information System
3 3 (3.61%) Self-Motivation
4 2 (2.41%) Social Media
5 1 (1.20%) Analytical Mindset
5 1 (1.20%) Cyberattack
5 1 (1.20%) Data Structures
5 1 (1.20%) Fintech
Operating Systems
1 2 (2.41%) AIX
2 1 (1.20%) Unix
Processes & Methodologies
1 11 (13.25%) Data Science
1 11 (13.25%) Validation
2 10 (12.05%) Analytics
2 10 (12.05%) Budgeting and Forecasting
3 9 (10.84%) Agile Software Development
3 9 (10.84%) Data Modelling
3 9 (10.84%) Migration
4 8 (9.64%) Data Migration
4 8 (9.64%) Financial Modelling
4 8 (9.64%) Planning and Forecasting
4 8 (9.64%) Scorecard
4 8 (9.64%) Stakeholder Management
5 7 (8.43%) Data Analysis
5 7 (8.43%) Data Management
5 7 (8.43%) User Acceptance Testing
5 7 (8.43%) Waterfall
6 6 (7.23%) Business Analysis
6 6 (7.23%) Data Extraction
6 6 (7.23%) Data Mapping
6 6 (7.23%) Test Scripting
Programming Languages
1 15 (18.07%) SQL
2 2 (2.41%) R
3 1 (1.20%) MATLAB
3 1 (1.20%) Python
3 1 (1.20%) SAS Macro
Qualifications
1 15 (18.07%) ACCA
1 15 (18.07%) Degree
2 13 (15.66%) CIMA
3 2 (2.41%) AAT
Quality Assurance & Compliance
1 49 (59.04%) IFRS 9
2 19 (22.89%) GAAP
3 14 (16.87%) FATCA
3 14 (16.87%) Solvency II
4 12 (14.46%) Dodd-Frank
4 12 (14.46%) GDPR
5 2 (2.41%) Basel III
5 2 (2.41%) ISAE 3402
5 2 (2.41%) MiFID
5 2 (2.41%) Sarbanes-Oxley
6 1 (1.20%) Basel II
6 1 (1.20%) QA
Vendors
1 13 (15.66%) SAP
2 9 (10.84%) Oracle
3 7 (8.43%) Informatica
4 2 (2.41%) Hyperion
4 2 (2.41%) Intel
5 1 (1.20%) Ariba
5 1 (1.20%) Capita
5 1 (1.20%) hybris
5 1 (1.20%) Microsoft
5 1 (1.20%) Tagetik
5 1 (1.20%) Teradata