Period
to 15 January 2021

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 15 January 2021 with a comparison to the same period in the previous 2 years.

International Financial Reporting Standards (IFRS)
UK
6 months to
15 Jan 2021
Same period 2020 Same period 2019
Rank 716 960 1015
Rank change year-on-year +244 +55 +92
Permanent jobs citing IFRS 29 69 112
As % of all permanent jobs advertised in the UK 0.046% 0.055% 0.074%
As % of the Quality Assurance & Compliance category 0.39% 0.43% 0.53%
Number of salaries quoted 29 45 93
Median annual salary £72,000 £62,500 £75,000
Median salary % change year-on-year +15.20% -16.67% +30.43%
10th Percentile £52,500 £31,000 £43,000
90th Percentile £86,250 £86,250 £85,000
UK excluding London median annual salary £62,500 £40,000 £60,000
% change year-on-year +56.25% -33.33% +4.35%

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 7,484 15,888 20,939
As % of all permanent IT jobs advertised in the UK 11.98% 12.57% 13.85%
Number of salaries quoted 5,578 12,337 15,577
Median annual salary £52,500 £51,000 £50,000
Median salary % change year-on-year +2.94% +2.00% -
10th Percentile £30,740 £28,500 £27,500
90th Percentile £83,750 £83,750 £80,000
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - +4.65%

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 15 January 2021.

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 15 January 2021. 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 +239 28 £71,750 +14.80% 21
London +164 19 £75,000 +7.14% 18
UK excluding London +192 9 £62,500 +56.25% 3
South East +160 4 £62,500 -3.85% 1
Midlands +81 3 £67,500 +98.53%
West Midlands +72 2 £70,000 +105.88%
Work from Home -44 2 £77,250 - 2
North of England +95 1 £40,000 - 2
East Midlands +59 1 £67,500 +22.73%
North West - 1 £40,000 - 2
East of England - 1 - -

For the 6 months to 15 January 2021, 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 26 (89.66%) Finance
2 8 (27.59%) ACCA
2 8 (27.59%) Oracle
2 8 (27.59%) SQL
2 8 (27.59%) Microsoft Excel
2 8 (27.59%) ERP
2 8 (27.59%) GDPR
3 7 (24.14%) Business Intelligence
4 6 (20.69%) Data Modelling
4 6 (20.69%) Data Mining
4 6 (20.69%) SQL Server
4 6 (20.69%) Validation
4 6 (20.69%) Analytical Skills
4 6 (20.69%) Reinsurance
5 5 (17.24%) Power Platform
5 5 (17.24%) Power BI
5 5 (17.24%) Analytics
5 5 (17.24%) User Acceptance Testing
5 5 (17.24%) Data Cleansing
5 5 (17.24%) Data Analysis
6 4 (13.79%) Microsoft Office
6 4 (13.79%) SAP
6 4 (13.79%) ISEB
6 4 (13.79%) Data Validation
6 4 (13.79%) Data Mapping
6 4 (13.79%) Data Governance
6 4 (13.79%) Business Analytics
6 4 (13.79%) Relational Database
6 4 (13.79%) Data Enrichment
6 4 (13.79%) Requirements Workshops

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 3 (10.34%) SAS
2 1 (3.45%) Apache Spark
Applications
1 8 (27.59%) Microsoft Excel
2 4 (13.79%) Microsoft Office
Business Applications
1 3 (10.34%) Payment Gateway
2 2 (6.90%) Oracle Financials
2 2 (6.90%) Oracle General Ledger
3 1 (3.45%) HFM
3 1 (3.45%) Oracle Applications
3 1 (3.45%) Oracle Procure-to-Pay
3 1 (3.45%) SAP Oil and Gas
3 1 (3.45%) SAP S/4HANA
3 1 (3.45%) SAP SD
Cloud Services
1 5 (17.24%) Power Platform
2 2 (6.90%) AWS
2 2 (6.90%) Azure
2 2 (6.90%) Office 365
Database & Business Intelligence
1 6 (20.69%) Data Mining
1 6 (20.69%) SQL Server
2 5 (17.24%) Power BI
3 4 (13.79%) Relational Database
4 2 (6.90%) Oracle Reports
4 2 (6.90%) Oracle Smart View
5 1 (3.45%) Big Data
5 1 (3.45%) Hadoop
5 1 (3.45%) QlikView
5 1 (3.45%) SQL Server 2016
5 1 (3.45%) SQL Server Integration Services
General
1 26 (89.66%) Finance
2 3 (10.34%) Banking
2 3 (10.34%) Financial Institution
3 1 (3.45%) Back Office
3 1 (3.45%) General Ledger
3 1 (3.45%) Manufacturing
3 1 (3.45%) Telecoms
Job Titles
1 12 (41.38%) Analyst
2 10 (34.48%) Business Analyst
3 6 (20.69%) Finance Business Analyst
3 6 (20.69%) Financial Analyst
3 6 (20.69%) Insurance Business Analyst
3 6 (20.69%) Regulatory Business Analyst
4 5 (17.24%) Report Manager
5 4 (13.79%) Reinsurance Business Analyst
6 3 (10.34%) Consultant
7 2 (6.90%) Accountant
7 2 (6.90%) Applications Support
7 2 (6.90%) Applications Support Analyst
7 2 (6.90%) Developer
7 2 (6.90%) IT Director
7 2 (6.90%) Operations Director
7 2 (6.90%) Support Analyst
8 1 (3.45%) SAP Consultant
8 1 (3.45%) Senior Applications Support
8 1 (3.45%) Senior Consultant
8 1 (3.45%) Transformation Consultant
Libraries, Frameworks & Software Standards
1 3 (10.34%) Oracle Fusion
Miscellaneous
1 6 (20.69%) Analytical Skills
1 6 (20.69%) Reinsurance
2 2 (6.90%) Client/Server
3 1 (3.45%) Credit Risk
3 1 (3.45%) Management Information System
3 1 (3.45%) Robotics
3 1 (3.45%) Self-Motivation
Processes & Methodologies
1 8 (27.59%) ERP
2 7 (24.14%) Business Intelligence
3 6 (20.69%) Data Modelling
3 6 (20.69%) Validation
4 5 (17.24%) Analytics
4 5 (17.24%) Data Analysis
4 5 (17.24%) Data Cleansing
4 5 (17.24%) User Acceptance Testing
5 4 (13.79%) Business Analytics
5 4 (13.79%) Data Enrichment
5 4 (13.79%) Data Governance
5 4 (13.79%) Data Mapping
5 4 (13.79%) Data Validation
5 4 (13.79%) Requirements Workshops
6 3 (10.34%) Continuous Improvement
6 3 (10.34%) Data Management
6 3 (10.34%) Master Data Management
6 3 (10.34%) Risk Management
6 3 (10.34%) SDLC
6 3 (10.34%) Waterfall
Programming Languages
1 8 (27.59%) SQL
2 2 (6.90%) VBA
3 1 (3.45%) T-SQL
Qualifications
1 8 (27.59%) ACCA
2 4 (13.79%) ISEB
3 3 (10.34%) CIMA
4 2 (6.90%) CISA
4 2 (6.90%) ICAEW
5 1 (3.45%) CFA
5 1 (3.45%) Degree
5 1 (3.45%) Master's Degree
Quality Assurance & Compliance
1 8 (27.59%) GDPR
2 3 (10.34%) GAAP
2 3 (10.34%) ITGC
2 3 (10.34%) Sarbanes-Oxley
2 3 (10.34%) Solvency II
3 2 (6.90%) IFRS 9
3 2 (6.90%) SLA
Vendors
1 8 (27.59%) Oracle
2 4 (13.79%) SAP
3 2 (6.90%) Microsoft
4 1 (3.45%) Ab Initio
4 1 (3.45%) Hyperion
4 1 (3.45%) Salesforce.com
4 1 (3.45%) Teradata