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 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 635 926 1111
Rank change year-on-year +291 +185 -225
Permanent jobs citing IFRS 264 51 133
As % of all permanent jobs advertised in the UK 0.26% 0.051% 0.083%
As % of the Quality Assurance & Compliance category 1.94% 0.27% 0.49%
Number of salaries quoted 42 26 77
10th Percentile £40,800 £47,354 £49,500
25th Percentile £50,172 £53,595 £66,250
Median annual salary (50th Percentile) £71,250 £60,000 £80,000
Median % change year-on-year +18.75% -25.00% +11.50%
75th Percentile £90,000 £75,938 £85,000
90th Percentile £94,750 £91,250 £132,500
UK excluding London median annual salary £51,528 £55,043 £52,500
% change year-on-year -6.39% +4.84% +5.00%

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 13,596 18,747 27,353
As % of all permanent jobs advertised in the UK 13.61% 18.90% 17.02%
Number of salaries quoted 9,193 8,688 13,219
10th Percentile £27,000 £32,000 £31,250
25th Percentile £36,250 £42,500 £41,250
Median annual salary (50th Percentile) £52,500 £57,500 £55,000
Median % change year-on-year -8.70% +4.55% +3.77%
75th Percentile £70,000 £76,250 £73,750
90th Percentile £90,000 £93,750 £90,000
UK excluding London median annual salary £47,500 £50,000 £47,626
% change year-on-year -5.00% +4.98% +0.27%

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 18 May 2024.

Salary histogram for IFRS in the UK

IFRS
Top 15 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 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
England +288 242 £72,500 +20.83% 97
London +223 138 £90,000 +38.46% 67
UK excluding London +75 124 £51,528 -6.39% 40
North of England +102 58 £51,528 -6.39% 7
Work from Home +124 57 £90,000 +18.03% 123
Yorkshire +109 30 £51,528 -2.02% 4
South East - 29 £72,500 - 18
North West +23 22 - - 3
Midlands +3 13 - - 3
Wales +17 12 £51,528 -31.30% 2
West Midlands +20 9 - - 1
Scotland -58 8 £47,364 -9.94% 2
North East - 6 £43,200 -
South West -24 4 - - 4
East Midlands - 4 - - 2

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 60 (22.73%) SAS
2 12 (4.55%) Apache
2 12 (4.55%) Apache Spark
3 3 (1.14%) Confluence
4 1 (0.38%) WebSphere
Applications
1 15 (5.68%) Microsoft Excel
2 10 (3.79%) Microsoft Office
Business Applications
1 7 (2.65%) Oracle General Ledger
2 6 (2.27%) Oracle Subledger Accounting
3 4 (1.52%) SAP SD
4 1 (0.38%) Oracle Assets
4 1 (0.38%) Oracle FAH
4 1 (0.38%) Oracle Payables
4 1 (0.38%) Oracle Receivables
Cloud Services
1 7 (2.65%) Azure
1 7 (2.65%) OCI
2 6 (2.27%) AWS
3 1 (0.38%) Azure DevOps
3 1 (0.38%) Power Platform
3 1 (0.38%) SaaS
Database & Business Intelligence
1 6 (2.27%) SAP BW
2 1 (0.38%) Oracle Database
2 1 (0.38%) Power BI
2 1 (0.38%) RDBMS
2 1 (0.38%) Relational Database
Development Applications
1 3 (1.14%) JIRA
General
1 240 (90.91%) Finance
2 167 (63.26%) Social Skills
3 117 (44.32%) Inclusion and Diversity
4 75 (28.41%) Analytical Skills
5 73 (27.65%) Billing
6 70 (26.52%) Banking
7 63 (23.86%) Presentation Skills
8 53 (20.08%) Legal
9 40 (15.15%) Publishing
10 38 (14.39%) Law
11 32 (12.12%) Public Sector
12 31 (11.74%) Local Government
13 21 (7.95%) Retail
14 9 (3.41%) Retail Finance
15 6 (2.27%) Back Office
15 6 (2.27%) General Ledger
16 4 (1.52%) Aviation
17 3 (1.14%) Marketing
18 1 (0.38%) Influencing Skills
18 1 (0.38%) Organisational Skills
Job Titles
1 127 (48.11%) Audit Manager
2 99 (37.50%) Senior
3 56 (21.21%) Quality Manager
4 40 (15.15%) Senior Data Warehouse Specialist
5 32 (12.12%) Analyst
6 30 (11.36%) Senior Audit Manager
6 30 (11.36%) Senior Manager
7 29 (10.98%) Senior Analyst
8 22 (8.33%) Senior Quality Manager
9 15 (5.68%) Financial Analyst
9 15 (5.68%) Senior Financial Analyst
10 14 (5.30%) Lead
11 12 (4.55%) Audit Support Manager
11 12 (4.55%) Support Manager
12 6 (2.27%) Consultant
12 6 (2.27%) Data Scientist
12 6 (2.27%) Dynamics 365 Specialist
13 5 (1.89%) Business Analyst
13 5 (1.89%) Designer
13 5 (1.89%) Lead Designer
Libraries, Frameworks & Software Standards
1 1 (0.38%) JSON
1 1 (0.38%) Middleware
1 1 (0.38%) SAP Fiori
1 1 (0.38%) XML
1 1 (0.38%) XML Messaging
1 1 (0.38%) XSD
Miscellaneous
1 68 (25.76%) Credit Risk
2 31 (11.74%) Housing Association
2 31 (11.74%) NHS
3 27 (10.23%) Reinsurance
4 6 (2.27%) Onboarding
5 2 (0.76%) Self-Motivation
6 1 (0.38%) Blockchain
6 1 (0.38%) Derivative
6 1 (0.38%) Equities
6 1 (0.38%) Foreign Exchange (FX)
6 1 (0.38%) Product Ownership
Processes & Methodologies
1 136 (51.52%) Coaching
2 125 (47.35%) Risk Management
3 95 (35.98%) Problem-Solving
4 77 (29.17%) Performance Management
5 74 (28.03%) Analytics
5 74 (28.03%) People Management
6 73 (27.65%) Business Development
7 72 (27.27%) Service Management
8 59 (22.35%) Stress Testing
9 52 (19.70%) Economics
10 48 (18.18%) Data Analysis
11 45 (17.05%) Quality Management
12 40 (15.15%) Benchmarking
12 40 (15.15%) Budget Responsibility
13 34 (12.88%) Continuous Improvement
14 23 (8.71%) Internal Audit
15 20 (7.58%) Credit Risk Management
16 19 (7.20%) Root Cause Analysis
16 19 (7.20%) Validation
17 18 (6.82%) Project Management
Programming Languages
1 19 (7.20%) R
2 14 (5.30%) Python
3 8 (3.03%) SQL
4 1 (0.38%) MATLAB
4 1 (0.38%) PL/SQL
4 1 (0.38%) XPath
Qualifications
1 154 (58.33%) ACCA
2 28 (10.61%) Degree
3 14 (5.30%) CIMA
4 6 (2.27%) Oracle Certification
5 1 (0.38%) CCA
Quality Assurance & Compliance
1 80 (30.30%) GAAP
2 76 (28.79%) IFRS 9
3 24 (9.09%) IFRS 17
4 15 (5.68%) Solvency II
5 12 (4.55%) CRD IV
6 1 (0.38%) COREP
6 1 (0.38%) GDPR
6 1 (0.38%) QA
Vendors
1 128 (48.48%) CA
2 37 (14.02%) Microsoft
3 15 (5.68%) PeopleSoft
4 10 (3.79%) SAP
5 9 (3.41%) Hyperion
6 8 (3.03%) Apttus
7 7 (2.65%) Oracle
8 4 (1.52%) Salesforce
9 1 (0.38%) Alteryx
9 1 (0.38%) IBM