Period
to 18 October 2017

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 18 October 2017 with a comparison to the same period in the previous 2 years.

International Financial Reporting Standards (IFRS)
UK
6 months to
18 Oct 2017
Same period 2016 Same period 2015
Rank 1097 1118 1258
Rank change year-on-year +21 +140 +10
Permanent jobs citing IFRS 66 99 57
As % of all permanent IT jobs advertised in the UK 0.038% 0.052% 0.026%
As % of the Quality Assurance & Compliance category 0.30% 0.39% 0.20%
Number of salaries quoted 49 86 46
UK median annual salary £57,500 £62,500 £57,500
Median salary % change year-on-year -8.00% +8.70% +5.50%
10th Percentile £48,000 £47,500 £33,125
90th Percentile £77,250 £88,125 £102,500
UK excluding London median annual salary £57,500 £50,000 £41,250
% change year-on-year +15.00% +21.21% -32.65%

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 21845 25080 27818
As % of all permanent IT jobs advertised in the UK 12.51% 13.08% 12.77%
Number of salaries quoted 16220 19832 21995
UK median annual salary £50,000 £50,000 £45,000
Median salary % change year-on-year - +11.11% -
10th Percentile £27,500 £27,500 £26,250
90th Percentile £77,500 £77,500 £75,000
UK excluding London median annual salary £42,500 £42,500 £40,000
% change year-on-year - +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 18 October 2017.

Salary histogram for IFRS in the UK

IFRS
Top 7 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 18 October 2017. 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 +50 64 £57,500 -8.00% 15
London +1 50 £68,750 +10.00% 12
UK excluding London +31 13 £57,500 +15.00% 3
Scotland -6 11 £57,500 -22.30%
North of England -4 9 £57,500 +15.00% 1
North West -11 9 £57,500 +15.00% 1
South East +60 2 £32,500 -48.41% 1

For the 6 months to 18 October 2017, IT jobs citing IFRS also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads with a requirement for IFRS.

1 54 (81.82%) Finance
2 40 (60.61%) Banking
3 36 (54.55%) IFRS 9
4 25 (37.88%) Retail
5 23 (34.85%) Retail Banking
6 22 (33.33%) Investment Banking
7 21 (31.82%) SAS
7 21 (31.82%) Analytical Skills
8 20 (30.30%) Asset Management
8 20 (30.30%) Wealth Management
9 17 (25.76%) Degree
10 16 (24.24%) Project Management
10 16 (24.24%) SDLC
11 15 (22.73%) SAP S/4HANA
11 15 (22.73%) SQL
11 15 (22.73%) SAP
11 15 (22.73%) SAP BPC
12 14 (21.21%) User Acceptance Testing
13 13 (19.70%) Credit Risk
13 13 (19.70%) Python
13 13 (19.70%) Business Intelligence
13 13 (19.70%) BusinessObjects Business Intelligence
13 13 (19.70%) Data Structures
14 12 (18.18%) Market Risk
15 11 (16.67%) R
15 11 (16.67%) MATLAB
16 10 (15.15%) Java
16 10 (15.15%) Data Analysis
16 10 (15.15%) Financial Institution
16 10 (15.15%) Business Analysis

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 (31.82%) SAS
Applications
1 1 (1.52%) Microsoft Excel
Business Applications
1 15 (22.73%) SAP BPC
1 15 (22.73%) SAP S/4HANA
2 2 (3.03%) HFM
2 2 (3.03%) Oracle Procure-to-Pay
Database & Business Intelligence
1 13 (19.70%) BusinessObjects Business Intelligence
2 6 (9.09%) SAP BW
3 3 (4.55%) Data Warehouse
4 2 (3.03%) Base SAS
4 2 (3.03%) Oracle Database
4 2 (3.03%) RDBMS
4 2 (3.03%) Relational Database
4 2 (3.03%) SAS Data Integration Studio
4 2 (3.03%) SQL Server
5 1 (1.52%) Big Data
5 1 (1.52%) BusinessObjects
5 1 (1.52%) Data Mining
5 1 (1.52%) SAS Enterprise Guide
General
1 54 (81.82%) Finance
2 40 (60.61%) Banking
3 25 (37.88%) Retail
4 23 (34.85%) Retail Banking
5 22 (33.33%) Investment Banking
6 10 (15.15%) Financial Institution
7 6 (9.09%) Front Office
7 6 (9.09%) International Banking
8 2 (3.03%) Law
9 1 (1.52%) Advertising
Job Titles
1 24 (36.36%) Analyst
2 18 (27.27%) Business Analyst
3 15 (22.73%) Consultant
3 15 (22.73%) Developer
4 13 (19.70%) SAP BPC Consultant
4 13 (19.70%) SAP Consultant
5 6 (9.09%) Banking Analyst
5 6 (9.09%) Banking Business Analyst
5 6 (9.09%) Risk Analyst
6 5 (7.58%) Credit Analyst
6 5 (7.58%) Credit Risk Analyst
6 5 (7.58%) Lead Business Analyst
7 2 (3.03%) Business IT Analyst
7 2 (3.03%) Credit Risk Business Analyst
7 2 (3.03%) Enterprise Consultant
7 2 (3.03%) IT Business Analyst
7 2 (3.03%) Quantitative Analyst
7 2 (3.03%) Quantitative Risk Analyst
7 2 (3.03%) SAS Developer
7 2 (3.03%) Senior Analyst
Libraries, Frameworks & Software Standards
1 2 (3.03%) Oracle Fusion
2 1 (1.52%) CSS
2 1 (1.52%) HTML
Miscellaneous
1 21 (31.82%) Analytical Skills
2 13 (19.70%) Credit Risk
2 13 (19.70%) Data Structures
3 12 (18.18%) Market Risk
4 7 (10.61%) Foreign Exchange (FX)
5 2 (3.03%) Robotics
6 1 (1.52%) Fintech
6 1 (1.52%) Mainframe
6 1 (1.52%) Management Information System
6 1 (1.52%) User Experience
Processes & Methodologies
1 20 (30.30%) Asset Management
1 20 (30.30%) Wealth Management
2 16 (24.24%) Project Management
2 16 (24.24%) SDLC
3 14 (21.21%) User Acceptance Testing
4 13 (19.70%) Business Intelligence
5 10 (15.15%) Business Analysis
5 10 (15.15%) Data Analysis
6 6 (9.09%) Analytics
6 6 (9.09%) Anti-Money Laundering
6 6 (9.09%) Integration Testing
7 5 (7.58%) Credit Risk Modelling
7 5 (7.58%) Validation
8 4 (6.06%) Budgeting and Forecasting
8 4 (6.06%) ETL
8 4 (6.06%) Portfolio Management
8 4 (6.06%) Process Improvement
8 4 (6.06%) Risk Analytics
8 4 (6.06%) Risk Management
8 4 (6.06%) Statistics
Programming Languages
1 15 (22.73%) SQL
2 13 (19.70%) Python
3 11 (16.67%) MATLAB
3 11 (16.67%) R
4 10 (15.15%) Java
5 1 (1.52%) C#
5 1 (1.52%) SAS Macro
Qualifications
1 17 (25.76%) Degree
2 5 (7.58%) ACCA
2 5 (7.58%) CIMA
3 2 (3.03%) MBA
3 2 (3.03%) PhD
Quality Assurance & Compliance
1 36 (54.55%) IFRS 9
2 9 (13.64%) Basel III
2 9 (13.64%) MiFID
3 4 (6.06%) Data Quality
4 3 (4.55%) QA
5 2 (3.03%) Solvency II
6 1 (1.52%) Basel II
6 1 (1.52%) COREP
6 1 (1.52%) Dodd-Frank
6 1 (1.52%) EMIR
6 1 (1.52%) FINREP
6 1 (1.52%) GDPR
6 1 (1.52%) IAS 39
Vendors
1 15 (22.73%) SAP
2 6 (9.09%) Cognos
2 6 (9.09%) Hyperion
3 4 (6.06%) Oracle
4 2 (3.03%) Anaplan
4 2 (3.03%) Blue Prism
5 1 (1.52%) Microsoft