Period
to 16 October 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 16 October 2018 with a comparison to the same period in the previous 2 years.

International Financial Reporting Standards (IFRS)
UK
6 months to
16 Oct 2018
Same period 2017 Same period 2016
Rank 1044 1117 1127
Rank change year-on-year +73 +10 +133
Permanent jobs citing IFRS 113 66 99
As % of all permanent IT jobs advertised in the UK 0.069% 0.038% 0.052%
As % of the Quality Assurance & Compliance category 0.52% 0.30% 0.40%
Number of salaries quoted 90 49 86
UK median annual salary £67,500 £57,500 £62,500
Median salary % change year-on-year +17.39% -8.00% +8.70%
10th Percentile £41,250 £47,900 £47,500
90th Percentile £80,125 £77,250 £88,125
UK excluding London median annual salary £45,000 £57,500 £50,000
% change year-on-year -21.74% +15.00% +21.21%

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 21,642 21,711 24,871
As % of all permanent IT jobs advertised in the UK 13.14% 12.38% 13.06%
Number of salaries quoted 16,442 16,107 19,684
UK median annual salary £50,000 £50,000 £50,000
10th Percentile £28,013 £27,500 £27,500
90th Percentile £80,000 £77,500 £77,500
UK excluding London median annual salary £45,000 £42,500 £42,500
% change year-on-year +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 16 October 2018.

Salary histogram for IFRS in the UK

IFRS
Top 12 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 16 October 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 +93 105 £70,000 +21.74% 29
London +75 82 £72,500 +7.41% 23
UK excluding London +20 24 £45,000 -21.74% 6
South East +31 11 £62,500 +92.31% 2
East of England - 5 £43,500 -
Midlands - 4 £45,000 -
North of England +13 2 £42,500 -26.09% 2
North West +4 2 £42,500 -26.09% 1
West Midlands - 2 £90,000 -
East Midlands - 2 £45,000 -
Scotland -11 1 - -
South West - 1 - - 2

For the 6 months to 16 October 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.

1 104 (92.04%) Finance
2 50 (44.25%) IFRS 9
3 44 (38.94%) Banking
4 39 (34.51%) Solvency II
5 34 (30.09%) Dodd-Frank
6 30 (26.55%) Degree
7 28 (24.78%) ACCA
8 24 (21.24%) CIMA
9 23 (20.35%) GAAP
9 23 (20.35%) SQL
9 23 (20.35%) Oracle
10 20 (17.70%) Financial Institution
10 20 (17.70%) FATCA
10 20 (17.70%) GDPR
11 19 (16.81%) Data Science
11 19 (16.81%) Migration
12 17 (15.04%) Business Intelligence
13 16 (14.16%) SAS
13 16 (14.16%) Hyperion
13 16 (14.16%) Data Management
13 16 (14.16%) Big Data
14 15 (13.27%) Data Visualisation
14 15 (13.27%) Data Migration
14 15 (13.27%) Visualisation
15 14 (12.39%) Oracle General Ledger
15 14 (12.39%) Anti-Money Laundering
15 14 (12.39%) Fund Management
16 13 (11.50%) Credit Risk
17 12 (10.62%) Analytics
17 12 (10.62%) Data Warehouse

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 16 (14.16%) SAS
2 6 (5.31%) Documentum
2 6 (5.31%) FileNet
3 1 (0.88%) Confluence
Applications
1 5 (4.42%) SPSS
2 4 (3.54%) Microsoft Excel
3 3 (2.65%) Microsoft Office
4 1 (0.88%) EViews
4 1 (0.88%) Microsoft PowerPoint
4 1 (0.88%) MS Visio
Business Applications
1 14 (12.39%) Oracle General Ledger
2 6 (5.31%) Oracle Payables
2 6 (5.31%) Oracle Subledger Accounting
2 6 (5.31%) SAP Bank Analyzer
2 6 (5.31%) SAP BPC
2 6 (5.31%) SAP FS
2 6 (5.31%) SAP MDM
3 3 (2.65%) Dynamics NAV
3 3 (2.65%) SAP CO
3 3 (2.65%) SAP FI
3 3 (2.65%) SAP FI/CO
4 2 (1.77%) HFM
4 2 (1.77%) Hyperion Planning
4 2 (1.77%) SAP S/4HANA
5 1 (0.88%) Sage 200
Cloud Services
1 1 (0.88%) IBM Blueworks
Database & Business Intelligence
1 16 (14.16%) Big Data
2 12 (10.62%) Data Warehouse
3 10 (8.85%) QlikView
4 7 (6.19%) Power BI
5 6 (5.31%) BusinessObjects
5 6 (5.31%) BusinessObjects Business Intelligence
5 6 (5.31%) SAP BW
5 6 (5.31%) SAP Data Services
5 6 (5.31%) SQL Server Integration Services
6 2 (1.77%) Data Mining
6 2 (1.77%) SQL Server
7 1 (0.88%) DTS
7 1 (0.88%) STATISTICA
Development Applications
1 1 (0.88%) JIRA
General
1 104 (92.04%) Finance
2 44 (38.94%) Banking
3 20 (17.70%) Financial Institution
4 8 (7.08%) General Ledger
4 8 (7.08%) Retail
5 5 (4.42%) Telecoms
6 3 (2.65%) German Language
7 2 (1.77%) Billing
7 2 (1.77%) Investment Banking
7 2 (1.77%) Legal
7 2 (1.77%) Manufacturing
7 2 (1.77%) Marketing
7 2 (1.77%) Retail Banking
8 1 (0.88%) Advertising
8 1 (0.88%) Retail Finance
Job Titles
1 37 (32.74%) Analyst
2 25 (22.12%) Business Analyst
3 22 (19.47%) Data Manager
4 18 (15.93%) Financial Analyst
5 16 (14.16%) Finance Business Analyst
6 14 (12.39%) Business Finance Analyst
6 14 (12.39%) Consultant
6 14 (12.39%) Data Migration Manager
6 14 (12.39%) Migration Manager
7 9 (7.96%) Risk Analyst
8 8 (7.08%) Data Consultant
8 8 (7.08%) Senior Analyst
9 6 (5.31%) SAP Consultant
9 6 (5.31%) Services Director
10 5 (4.42%) Accountant
10 5 (4.42%) Management Consultant
10 5 (4.42%) Senior Consultant
11 4 (3.54%) Financial Accountant
11 4 (3.54%) Senior Risk Analyst
12 3 (2.65%) Data Quality Specialist
Libraries, Frameworks & Software Standards
1 6 (5.31%) SAP PI
2 1 (0.88%) .NET
2 1 (0.88%) iXBRL
2 1 (0.88%) XML
2 1 (0.88%) XSD
Miscellaneous
1 13 (11.50%) Credit Risk
2 11 (9.73%) Analytical Skills
3 8 (7.08%) Taxonomies
4 6 (5.31%) Reference Data
5 3 (2.65%) Foreign Exchange (FX)
6 2 (1.77%) Derivative
6 2 (1.77%) Self-Motivation
6 2 (1.77%) Social Media
7 1 (0.88%) Fintech
7 1 (0.88%) Market Risk
Processes & Methodologies
1 19 (16.81%) Data Science
1 19 (16.81%) Migration
2 17 (15.04%) Business Intelligence
3 16 (14.16%) Data Management
4 15 (13.27%) Data Migration
4 15 (13.27%) Data Visualisation
4 15 (13.27%) Visualisation
5 14 (12.39%) Anti-Money Laundering
5 14 (12.39%) Fund Management
6 12 (10.62%) Analytics
7 11 (9.73%) Project Management
7 11 (9.73%) Stress Testing
8 10 (8.85%) Mathematics
8 10 (8.85%) Stakeholder Management
8 10 (8.85%) Validation
9 9 (7.96%) Data Governance
9 9 (7.96%) Data Modelling
9 9 (7.96%) Statistics
10 8 (7.08%) Agile Software Development
11 6 (5.31%) Integration Testing
Programming Languages
1 23 (20.35%) SQL
2 8 (7.08%) R
3 2 (1.77%) PL/SQL
3 2 (1.77%) T-SQL
3 2 (1.77%) VBA
4 1 (0.88%) C#
4 1 (0.88%) C++
4 1 (0.88%) Python
4 1 (0.88%) VB
Qualifications
1 30 (26.55%) Degree
2 28 (24.78%) ACCA
3 24 (21.24%) CIMA
4 3 (2.65%) AAT
4 3 (2.65%) PhD
5 2 (1.77%) ITIL Certification
5 2 (1.77%) Numerate Degree
6 1 (0.88%) ICAEW
6 1 (0.88%) MBA
Quality Assurance & Compliance
1 50 (44.25%) IFRS 9
2 39 (34.51%) Solvency II
3 34 (30.09%) Dodd-Frank
4 23 (20.35%) GAAP
5 20 (17.70%) FATCA
5 20 (17.70%) GDPR
6 11 (9.73%) Data Quality
7 6 (5.31%) QA
8 3 (2.65%) CRD IV
9 2 (1.77%) Basel II
9 2 (1.77%) Basel III
9 2 (1.77%) PMO
10 1 (0.88%) IAS 39
10 1 (0.88%) Sarbanes-Oxley
Vendors
1 23 (20.35%) Oracle
2 16 (14.16%) Hyperion
3 12 (10.62%) SAP
4 8 (7.08%) Informatica
4 8 (7.08%) Tableau
5 6 (5.31%) IBM
5 6 (5.31%) Teradata
6 4 (3.54%) GoldenSource
7 3 (2.65%) Ariba
7 3 (2.65%) hybris
7 3 (2.65%) Syncsort
7 3 (2.65%) Trillium
8 1 (0.88%) Cadence
8 1 (0.88%) Microsoft
8 1 (0.88%) Sage