International Financial Reporting Standards (IFRS)
UK

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 29 November 2023 with a comparison to the same period in the previous 2 years.

6 months to
29 Nov 2023
Same period 2022 Same period 2021
Rank 626 1030 1024
Rank change year-on-year +404 -6 -301
Permanent jobs citing IFRS 107 60 75
As % of all permanent jobs advertised in the UK 0.20% 0.048% 0.058%
As % of the Quality Assurance & Compliance category 1.34% 0.27% 0.37%
Number of salaries quoted 54 31 62
10th Percentile £50,172 £41,250 £51,375
25th Percentile £53,625 £42,500 £60,000
Median annual salary (50th Percentile) £83,562 £70,000 £70,000
Median % change year-on-year +19.37% - +0.54%
75th Percentile £92,500 £82,500 £89,250
90th Percentile £97,500 £90,000 £99,213
UK excluding London median annual salary £65,000 £51,748 £65,000
% change year-on-year +25.61% -20.39% +6.12%

All Quality Assurance and Compliance Skills
UK

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.

Permanent vacancies with a requirement for quality assurance or compliance skills 7,965 22,144 20,162
As % of all permanent jobs advertised in the UK 14.72% 17.60% 15.62%
Number of salaries quoted 5,839 12,086 12,512
10th Percentile £31,500 £31,250 £31,000
25th Percentile £43,625 £42,000 £40,000
Median annual salary (50th Percentile) £60,000 £57,500 £55,000
Median % change year-on-year +4.35% +4.55% +1.72%
75th Percentile £77,500 £75,000 £72,050
90th Percentile £93,750 £95,000 £90,000
UK excluding London median annual salary £52,500 £50,000 £47,500
% change year-on-year +5.00% +5.26% -5.00%

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 29 November 2023.

Salary histogram for IFRS in the UK

IFRS
Top 13 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 29 November 2023. 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
Jobs
England +361 95 £87,125 +24.46% 136
UK excluding London +278 66 £65,000 +25.61% 53
London +276 36 £90,000 +28.57% 85
Work from Home +269 31 £76,086 +8.69% 46
North of England +163 30 £80,000 - 21
South East +160 18 £65,000 +44.44% 10
North West +125 15 £80,000 - 13
Yorkshire - 15 £69,326 - 7
Midlands - 7 £97,500 - 8
West Midlands - 7 £97,500 - 7
Scotland +58 4 £63,807 -14.92% 4
Wales +17 4 £51,528 -26.39%
South West +67 3 £59,000 +0.86% 5

IFRS
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 22 (20.56%) SAS
2 12 (11.21%) Apache
2 12 (11.21%) Apache Spark
3 1 (0.93%) WebSphere
Applications
1 6 (5.61%) Microsoft Office
2 1 (0.93%) Microsoft Excel
Business Applications
1 2 (1.87%) NetSuite
1 2 (1.87%) SAP BPC
1 2 (1.87%) SAP FSCM
1 2 (1.87%) SAP MDG
1 2 (1.87%) SAP S/4HANA
2 1 (0.93%) Oracle FAH
2 1 (0.93%) Oracle General Ledger
2 1 (0.93%) Oracle Payables
2 1 (0.93%) Oracle Receivables
Cloud Services
1 3 (2.80%) Azure
1 3 (2.80%) SaaS
2 2 (1.87%) Azure DevOps
3 1 (0.93%) Dynamics 365
Database & Business Intelligence
1 1 (0.93%) Data Warehouse
1 1 (0.93%) Oracle Database
1 1 (0.93%) RDBMS
1 1 (0.93%) Relational Database
1 1 (0.93%) SQL Server
Development Applications
1 2 (1.87%) LSMW
General
1 101 (94.39%) Finance
2 40 (37.38%) Banking
3 39 (36.45%) Social Skills
4 26 (24.30%) Presentation Skills
4 26 (24.30%) Retail
5 15 (14.02%) Inclusion and Diversity
6 14 (13.08%) Analytical Skills
7 11 (10.28%) Influencing Skills
8 10 (9.35%) Retail Finance
9 9 (8.41%) Billing
9 9 (8.41%) Legal
10 5 (4.67%) Public Sector
11 4 (3.74%) Wholesale Banking
12 3 (2.80%) General Ledger
12 3 (2.80%) Local Government
13 2 (1.87%) Automotive
13 2 (1.87%) Documentation Skills
13 2 (1.87%) Telecoms
14 1 (0.93%) Investment Banking
14 1 (0.93%) Law
Job Titles
1 26 (24.30%) Analyst
2 25 (23.36%) Senior
3 22 (20.56%) Audit Manager
4 21 (19.63%) Consultant
5 17 (15.89%) Senior Analyst
6 15 (14.02%) Actuarial Consultant
7 11 (10.28%) Lead
8 8 (7.48%) Risk Manager
9 6 (5.61%) Accountant
9 6 (5.61%) Financial Analyst
10 4 (3.74%) Credit Risk Manager
10 4 (3.74%) Junior
10 4 (3.74%) Junior Analyst
10 4 (3.74%) Senior Audit Manager
10 4 (3.74%) Senior Consultant
10 4 (3.74%) Senior Manager
11 3 (2.80%) Business Manager
11 3 (2.80%) Junior Financial Analyst
11 3 (2.80%) Project Accountant
11 3 (2.80%) Senior Business Manager
Libraries, Frameworks & Software Standards
1 1 (0.93%) JSON
1 1 (0.93%) Middleware
1 1 (0.93%) XGBoost
1 1 (0.93%) XML
1 1 (0.93%) XML Messaging
1 1 (0.93%) XSD
Miscellaneous
1 34 (31.78%) Credit Risk
2 6 (5.61%) Foreign Exchange (FX)
3 5 (4.67%) Reinsurance
4 4 (3.74%) Market Risk
5 3 (2.80%) Housing Association
5 3 (2.80%) NHS
6 1 (0.93%) Algorithms
6 1 (0.93%) Derivative
6 1 (0.93%) Equities
6 1 (0.93%) Taxonomies
Processes & Methodologies
1 40 (37.38%) Risk Management
2 37 (34.58%) Coaching
3 31 (28.97%) People Management
4 30 (28.04%) Agile
5 28 (26.17%) Credit Risk Management
6 26 (24.30%) Statistical Modelling
6 26 (24.30%) Validation
7 24 (22.43%) Mentoring
8 23 (21.50%) Mathematics
9 22 (20.56%) Statistics
10 21 (19.63%) Analytics
11 20 (18.69%) Economics
11 20 (18.69%) Operations Research
11 20 (18.69%) Physics
11 20 (18.69%) Problem-Solving
12 19 (17.76%) Impact Assessments
12 19 (17.76%) Stress Testing
13 14 (13.08%) Business Development
14 12 (11.21%) Performance Management
14 12 (11.21%) Statistical Analysis
Programming Languages
1 23 (21.50%) Python
2 17 (15.89%) R
3 9 (8.41%) SQL
4 1 (0.93%) C
4 1 (0.93%) PL/SQL
4 1 (0.93%) SAS Macro
4 1 (0.93%) XPath
Qualifications
1 32 (29.91%) Degree
2 18 (16.82%) ACCA
3 7 (6.54%) CIMA
4 2 (1.87%) Master's Degree
4 2 (1.87%) Security Cleared
5 1 (0.93%) CCAB
5 1 (0.93%) EnCE
Quality Assurance & Compliance
1 33 (30.84%) IFRS 9
2 32 (29.91%) GAAP
3 20 (18.69%) IFRS 17
4 12 (11.21%) CRD IV
5 5 (4.67%) Sarbanes-Oxley
6 3 (2.80%) Solvency II
7 1 (0.93%) COREP
Vendors
1 23 (21.50%) CA
2 12 (11.21%) Microsoft
3 4 (3.74%) Apttus
4 3 (2.80%) Oracle
4 3 (2.80%) SAP
5 2 (1.87%) Concur
6 1 (0.93%) IBM