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

International Financial Reporting Standards (IFRS)
UK
6 months to
28 Jan 2020
Same period 2019 Same period 2018
Rank 955 1007 1108
Rank change year-on-year +52 +101 -22
Permanent jobs citing IFRS 68 108 88
As % of all permanent IT jobs advertised in the UK 0.054% 0.071% 0.051%
As % of the Quality Assurance & Compliance category 0.43% 0.52% 0.41%
Number of salaries quoted 44 90 59
UK median annual salary £63,750 £75,000 £57,500
Median salary % change year-on-year -15.00% +30.43% -8.00%
10th Percentile £31,000 £45,000 £48,000
90th Percentile £85,125 £87,500 £101,250
UK excluding London median annual salary £40,000 £62,500 £57,500
% change year-on-year -36.00% +8.70% +15.00%

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 15,770 20,965 21,674
As % of all permanent IT jobs advertised in the UK 12.55% 13.88% 12.59%
Number of salaries quoted 12,148 15,354 16,772
UK median annual salary £52,500 £50,000 £50,000
Median salary % change year-on-year +5.00% - +5.26%
10th Percentile £28,500 £27,500 £27,500
90th Percentile £83,750 £80,000 £80,000
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 28 January 2020.

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 28 January 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 +63 68 £63,750 -15.00% 24
London +28 43 £70,000 -6.67% 17
UK excluding London +89 25 £40,000 -36.00% 8
Midlands +49 12 £35,750 -20.56% 2
South East +46 11 £65,000 -1.89% 3
West Midlands +44 11 £34,000 -62.22% 2
North of England +56 2 £40,000 -4.76% 2
Yorkshire +28 2 £40,000 -4.76%
East Midlands +15 1 £55,000 +22.22%

For the 6 months to 28 January 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 61 (89.71%) Finance
2 31 (45.59%) Stakeholder Management
3 25 (36.76%) Analytical Skills
4 22 (32.35%) IFRS 9
4 22 (32.35%) Banking
5 21 (30.88%) SAS
6 18 (26.47%) SQL
6 18 (26.47%) Credit Risk
7 17 (25.00%) Agile Software Development
7 17 (25.00%) Oracle
7 17 (25.00%) SAP
7 17 (25.00%) ERP
8 15 (22.06%) Linux
8 15 (22.06%) Unix
8 15 (22.06%) Oracle EBS
8 15 (22.06%) Risk Management
8 15 (22.06%) Oracle ERP
8 15 (22.06%) Scrum
8 15 (22.06%) Software Engineering
8 15 (22.06%) QA
8 15 (22.06%) Kanban
8 15 (22.06%) Oracle Fusion
8 15 (22.06%) Critical Thinking
9 14 (20.59%) R
9 14 (20.59%) Python
10 13 (19.12%) GAAP
10 13 (19.12%) Degree
10 13 (19.12%) Economics
10 13 (19.12%) Data Science
10 13 (19.12%) 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 (30.88%) SAS
2 1 (1.47%) SharePoint
Applications
1 5 (7.35%) SPSS
2 2 (2.94%) Microsoft Excel
2 2 (2.94%) Microsoft Office
Business Applications
1 15 (22.06%) Oracle EBS
1 15 (22.06%) Oracle ERP
2 9 (13.24%) SAP S/4HANA
3 6 (8.82%) SAP CO
3 6 (8.82%) SAP FI
3 6 (8.82%) SAP FI/CO
4 3 (4.41%) Dynamics NAV
5 2 (2.94%) Hyperion Planning
6 1 (1.47%) SAP BPC
Communications & Networking
1 10 (14.71%) Firewall
Database & Business Intelligence
1 10 (14.71%) Oracle Database
2 5 (7.35%) SQL Server
3 2 (2.94%) Base SAS
3 2 (2.94%) Essbase
4 1 (1.47%) Big Data
4 1 (1.47%) BusinessObjects
4 1 (1.47%) Data Warehouse
4 1 (1.47%) SAS Data Integration Studio
4 1 (1.47%) SAS Enterprise Guide
4 1 (1.47%) SAS Visual Analytics
General
1 61 (89.71%) Finance
2 22 (32.35%) Banking
3 11 (16.18%) Financial Institution
4 5 (7.35%) General Ledger
5 4 (5.88%) Telecoms
6 2 (2.94%) Advertising
7 1 (1.47%) Corporate Banking
7 1 (1.47%) Games
7 1 (1.47%) Investment Banking
7 1 (1.47%) Legal
Job Titles
1 27 (39.71%) Consultant
2 12 (17.65%) Analyst
3 11 (16.18%) Risk Consultant
4 10 (14.71%) Software Engineer
5 9 (13.24%) SAP Consultant
6 6 (8.82%) Financial Analyst
6 6 (8.82%) SAP CO Consultant
6 6 (8.82%) SAP FI Consultant
6 6 (8.82%) SAP FI/CO Consultant
7 5 (7.35%) Credit Risk Manager
7 5 (7.35%) Credit Risk Modeller
7 5 (7.35%) Informatica Engineer
7 5 (7.35%) Risk Manager
7 5 (7.35%) Senior Software Engineer
8 4 (5.88%) SAP S/4HANA Consultant
9 3 (4.41%) Graduate
9 3 (4.41%) Graduate Consultant
9 3 (4.41%) Navision Analyst
10 2 (2.94%) Business Analyst
10 2 (2.94%) Junior
Libraries, Frameworks & Software Standards
1 15 (22.06%) Oracle Fusion
2 2 (2.94%) XML
3 1 (1.47%) .NET
3 1 (1.47%) HTML
3 1 (1.47%) Web Services
Miscellaneous
1 25 (36.76%) Analytical Skills
2 18 (26.47%) Credit Risk
3 6 (8.82%) Foreign Exchange (FX)
4 4 (5.88%) Self-Motivation
5 1 (1.47%) Equity Derivative
5 1 (1.47%) Market Risk
5 1 (1.47%) Reinsurance
5 1 (1.47%) Virtual Team
Operating Systems
1 15 (22.06%) Linux
1 15 (22.06%) Unix
2 10 (14.71%) Windows
Processes & Methodologies
1 31 (45.59%) Stakeholder Management
2 17 (25.00%) Agile Software Development
2 17 (25.00%) ERP
3 15 (22.06%) Critical Thinking
3 15 (22.06%) Kanban
3 15 (22.06%) Risk Management
3 15 (22.06%) Scrum
3 15 (22.06%) Software Engineering
4 13 (19.12%) Data Science
4 13 (19.12%) Economics
4 13 (19.12%) Statistical Modelling
5 11 (16.18%) Business Analysis
5 11 (16.18%) Computer Science
5 11 (16.18%) Predictive Modelling
5 11 (16.18%) Quantitative Analysis
6 7 (10.29%) Credit Risk Modelling
6 7 (10.29%) Problem-Solving
7 6 (8.82%) Data Management
7 6 (8.82%) Project Delivery
8 5 (7.35%) Stress Testing
Programming Languages
1 18 (26.47%) SQL
2 14 (20.59%) Python
2 14 (20.59%) R
3 12 (17.65%) C#
3 12 (17.65%) Java
4 11 (16.18%) C
4 11 (16.18%) C++
4 11 (16.18%) Scala
5 10 (14.71%) PL/SQL
6 5 (7.35%) MATLAB
7 1 (1.47%) VBA
Qualifications
1 13 (19.12%) Degree
2 3 (4.41%) ACCA
2 3 (4.41%) CIMA
3 2 (2.94%) PMP
4 1 (1.47%) PhD
4 1 (1.47%) PMI Certification
Quality Assurance & Compliance
1 22 (32.35%) IFRS 9
2 15 (22.06%) QA
3 13 (19.12%) GAAP
4 11 (16.18%) Basel II
5 6 (8.82%) Data Quality
6 3 (4.41%) Solvency II
7 2 (2.94%) Basel III
8 1 (1.47%) MiFID
8 1 (1.47%) Sarbanes-Oxley
Vendors
1 17 (25.00%) Oracle
1 17 (25.00%) SAP
2 10 (14.71%) Informatica
3 6 (8.82%) Hyperion
4 2 (2.94%) Microsoft
5 1 (1.47%) Anaplan