IFRS Contracts in England

International Financial Reporting Standards (IFRS)
UK > England

The following table provides summary statistics for contract job vacancies advertised in England with a requirement for IFRS skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFRS over the 6 months to 18 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
18 May 2024
Same period 2023 Same period 2022
Rank 476 605 618
Rank change year-on-year +129 +13 -64
Contract jobs citing IFRS 55 35 152
As % of all contract jobs advertised in England 0.15% 0.073% 0.22%
As % of the Quality Assurance & Compliance category 1.07% 0.54% 1.65%
Number of daily rates quoted 27 21 109
10th Percentile £475 £513 £488
25th Percentile £513 £625 £563
Median daily rate (50th Percentile) £600 £700 £613
Median % change year-on-year -14.29% +14.29% +6.52%
75th Percentile - £775 £725
90th Percentile £700 - £850
UK median daily rate £600 £700 £600
% change year-on-year -14.29% +16.67% +4.35%

All Quality Assurance and Compliance Skills
England

IFRS is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in England with a requirement for quality assurance or compliance skills.

Contract vacancies with a requirement for quality assurance or compliance skills 5,119 6,433 9,233
As % of all contract IT jobs advertised in England 14.05% 13.35% 13.12%
Number of daily rates quoted 3,281 4,363 6,339
10th Percentile £300 £300 £290
25th Percentile £406 £413 £406
Median daily rate (50th Percentile) £525 £525 £525
Median % change year-on-year - - +10.53%
75th Percentile £638 £650 £625
90th Percentile £750 £750 £725
UK median daily rate £510 £525 £515
% change year-on-year -2.86% +1.94% +8.42%
Number of hourly rates quoted 348 217 261
10th Percentile £10.95 £15.21 £12.02
25th Percentile £13.18 £20.00 £16.25
Median hourly rate £22.42 £37.50 £29.12
Median % change year-on-year -40.21% +28.78% +38.67%
75th Percentile £45.00 £63.75 £49.25
90th Percentile £68.75 £79.85 £69.83
UK median hourly rate £21.00 £35.00 £31.00
% change year-on-year -40.00% +12.90% +47.62%

IFRS
Job Vacancy Trend in England

Job postings citing IFRS as a proportion of all IT jobs advertised in England.

Job vacancy trend for IFRS in England

IFRS
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing IFRS in England.

Daily rate trend for IFRS in England

IFRS
Daily Rate Histogram in England

Daily rate distribution for jobs citing IFRS in England over the 6 months to 18 May 2024.

Daily rate histogram for IFRS in England

IFRS
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing IFRS in England.

Hourly rate trend for IFRS in England

IFRS
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IFRS within the England region over the 6 months to 18 May 2024. 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
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
London +94 23 £589 -15.93% 63
South East +54 23 £600 +72.66% 16
Midlands +20 2 £650 - 3
East of England - 2 £550 - 4
West Midlands +22 1 - - 1
East Midlands +12 1 £650 - 2
Yorkshire - 1 £525 - 3
North of England - 1 £525 - 6
IFRS
UK

IFRS
Co-occurring Skills and Capabilities in England 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 8 (14.55%) SAS
2 2 (3.64%) Confluence
Applications
1 1 (1.82%) Microsoft Excel
1 1 (1.82%) Spreadsheet
Business Applications
1 2 (3.64%) SAP SD
2 1 (1.82%) SAP CO
2 1 (1.82%) SAP FI
2 1 (1.82%) SAP FI/CO
2 1 (1.82%) SAP FSCM
Cloud Services
1 4 (7.27%) Azure
2 3 (5.45%) Azure DevOps
2 3 (5.45%) Snowflake
3 1 (1.82%) Amazon CloudWatch
3 1 (1.82%) Amazon EC2
3 1 (1.82%) Amazon S3
3 1 (1.82%) AWS
3 1 (1.82%) Dynamics 365
3 1 (1.82%) GCP
3 1 (1.82%) Google Workspace
3 1 (1.82%) Power Platform
3 1 (1.82%) Virtual Private Cloud
Database & Business Intelligence
1 5 (9.09%) Data Warehouse
2 2 (3.64%) SQL Server
2 2 (3.64%) SQL Server Analysis Services
2 2 (3.64%) SQL Server Integration Services
3 1 (1.82%) Amazon RDS
3 1 (1.82%) Oracle Database
3 1 (1.82%) Power BI
3 1 (1.82%) SAP HANA
Development Applications
1 3 (5.45%) Eclipse
2 2 (3.64%) JIRA
General
1 49 (89.09%) Finance
2 7 (12.73%) Banking
3 6 (10.91%) Analytical Skills
3 6 (10.91%) Social Skills
4 5 (9.09%) Retail
5 4 (7.27%) Presentation Skills
5 4 (7.27%) Telecoms
6 3 (5.45%) General Ledger
7 2 (3.64%) Financial Institution
8 1 (1.82%) Corporate Banking
8 1 (1.82%) Inclusion and Diversity
8 1 (1.82%) Manufacturing
8 1 (1.82%) Public Sector
Job Titles
1 16 (29.09%) Analyst
2 11 (20.00%) Financial Analyst
3 8 (14.55%) Consultant
3 8 (14.55%) SAP Consultant
4 7 (12.73%) Data Modeller
5 6 (10.91%) Project Manager
6 5 (9.09%) Finance Manager
7 4 (7.27%) Finance Project Manager
8 3 (5.45%) Developer
8 3 (5.45%) Functional Analyst
8 3 (5.45%) Report Analyst
8 3 (5.45%) SAS Modeller
9 2 (3.64%) Architect
9 2 (3.64%) Credit Risk Modeller
9 2 (3.64%) Data Engineer
9 2 (3.64%) SAS Developer
9 2 (3.64%) Senior
9 2 (3.64%) Solutions Architect
10 1 (1.82%) Analytics Manager
10 1 (1.82%) Senior Transformation Manager
Miscellaneous
1 10 (18.18%) Credit Risk
2 4 (7.27%) Derivative
2 4 (7.27%) Equities
3 3 (5.45%) Reinsurance
4 1 (1.82%) Clustering
4 1 (1.82%) Replication
Processes & Methodologies
1 13 (23.64%) Analytics
2 12 (21.82%) Data Modelling
3 10 (18.18%) Revenue Recognition
4 9 (16.36%) Stress Testing
5 8 (14.55%) Data Analysis
6 6 (10.91%) Portfolio Management
6 6 (10.91%) Project Management
6 6 (10.91%) Risk Management
6 6 (10.91%) Stakeholder Management
7 5 (9.09%) Migration
7 5 (9.09%) Requirements Workshops
7 5 (9.09%) Stakeholder Engagement
7 5 (9.09%) Validation
8 4 (7.27%) SDLC
9 3 (5.45%) Data Cleansing
9 3 (5.45%) DevOps
9 3 (5.45%) Internal Audit
9 3 (5.45%) Quantitative Analysis
9 3 (5.45%) User Stories
9 3 (5.45%) Waterfall
Programming Languages
1 9 (16.36%) SQL
2 2 (3.64%) Java
3 1 (1.82%) PL/SQL
3 1 (1.82%) Python
Qualifications
1 9 (16.36%) ICAEW
2 7 (12.73%) ACCA
3 5 (9.09%) CIMA
4 2 (3.64%) SC Cleared
4 2 (3.64%) Security Cleared
5 1 (1.82%) CCA
5 1 (1.82%) Degree
5 1 (1.82%) DV Cleared
5 1 (1.82%) OCP
5 1 (1.82%) Oracle Certification
5 1 (1.82%) SAP Certification
5 1 (1.82%) TOGAF Certification
Quality Assurance & Compliance
1 14 (25.45%) IFRS 9
2 11 (20.00%) IFRS 17
3 9 (16.36%) GAAP
4 6 (10.91%) Solvency II
5 4 (7.27%) Basel III
5 4 (7.27%) QA
6 2 (3.64%) Data Quality
6 2 (3.64%) Dodd-Frank
7 1 (1.82%) FINREP
7 1 (1.82%) GDPR
System Software
1 1 (1.82%) Oracle RAC
Systems Management
1 1 (1.82%) Data Guard
Vendors
1 9 (16.36%) SAP
2 3 (5.45%) Guidewire
3 2 (3.64%) Google
3 2 (3.64%) Salesforce
3 2 (3.64%) Workday
4 1 (1.82%) Oracle
4 1 (1.82%) Xero