IFRS Contracts in the UK excluding London

International Financial Reporting Standards (IFRS)
UK > UK excluding London

The table below provides summary statistics for contract job vacancies advertised in the UK excluding London requiring IFRS skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited IFRS over the 6 months leading up to 13 June 2024, comparing them to the same period in the previous two years.

6 months to
13 Jun 2024
Same period 2023 Same period 2022
Rank 373 420 482
Rank change year-on-year +47 +62 -47
Contract jobs citing IFRS 28 10 22
As % of all contract jobs advertised in the UK excluding London 0.13% 0.044% 0.072%
As % of the Quality Assurance & Compliance category 0.94% 0.30% 0.50%
Number of daily rates quoted 10 2 12
10th Percentile £387 £391 £340
25th Percentile £553 £421 £348
Median daily rate (50th Percentile) £588 £473 £550
Median % change year-on-year +24.34% -14.09% +4.76%
75th Percentile £600 £524 £619
90th Percentile £605 £555 £714
UK median daily rate £589 £700 £600
% change year-on-year -15.93% +16.67% +4.35%

All Quality Assurance and Compliance Skills
UK excluding London

IFRS falls under the Quality Assurance and Compliance category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring quality assurance or compliance skills in the UK excluding London.

Contract vacancies with a requirement for quality assurance or compliance skills 2,989 3,358 4,421
As % of all contract IT jobs advertised in the UK excluding London 14.02% 14.80% 14.55%
Number of daily rates quoted 1,712 2,194 3,095
10th Percentile £250 £225 £206
25th Percentile £363 £363 £345
Median daily rate (50th Percentile) £475 £486 £455
Median % change year-on-year -2.26% +6.81% +7.06%
75th Percentile £581 £588 £575
90th Percentile £675 £680 £650
UK median daily rate £510 £525 £515
% change year-on-year -2.86% +1.94% +8.42%
Number of hourly rates quoted 356 198 198
10th Percentile £10.95 £13.16 £11.50
25th Percentile £12.72 £18.02 £15.13
Median hourly rate £19.18 £37.50 £22.40
Median % change year-on-year -48.87% +67.45% +7.67%
75th Percentile £48.75 £64.69 £48.71
90th Percentile £70.00 £78.18 £68.75
UK median hourly rate £23.80 £37.75 £27.73
% change year-on-year -36.95% +36.13% +32.05%

IFRS
Job Vacancy Trend in the UK excluding London

Job postings citing IFRS as a proportion of all IT jobs advertised in the UK excluding London.

Job vacancy trend for IFRS in the UK excluding London

IFRS
Contractor Daily Rate Trend in the UK excluding London

3-month moving average daily rate quoted in jobs citing IFRS in the UK excluding London.

Daily rate trend for IFRS in the UK excluding London

IFRS
Daily Rate Histogram in the UK excluding London

Daily rate distribution for jobs citing IFRS in the UK excluding London over the 6 months to 13 June 2024.

Daily rate histogram for IFRS in the UK excluding London

IFRS
Contractor Hourly Rate Trend in the UK excluding London

3-month moving average hourly rates quoted in jobs citing IFRS in the UK excluding London.

Hourly rate trend for IFRS in the UK excluding London

IFRS
Contract Job Locations in the UK excluding London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IFRS within the UK excluding London region over the 6 months to 13 June 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
South East +36 22 £600 +62.16% 5
Scotland +50 2 £415 -27.83% 2
Midlands +14 2 £650 -
East of England - 2 £550 - 4
West Midlands +17 1 - -
East Midlands +5 1 £650 -
IFRS
UK

IFRS
Co-occurring Skills and Capabilities in the UK excluding London 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 6 (21.43%) SAS
2 2 (7.14%) Confluence
Business Applications
1 2 (7.14%) SAP SD
Cloud Services
1 1 (3.57%) Power Platform
Database & Business Intelligence
1 1 (3.57%) Power BI
Development Applications
1 2 (7.14%) JIRA
General
1 24 (85.71%) Finance
2 4 (14.29%) Telecoms
3 3 (10.71%) Analytical Skills
3 3 (10.71%) Retail
4 1 (3.57%) Banking
4 1 (3.57%) Corporate Banking
4 1 (3.57%) Public Sector
4 1 (3.57%) Social Skills
Job Titles
1 11 (39.29%) Analyst
2 9 (32.14%) Financial Analyst
3 7 (25.00%) Consultant
3 7 (25.00%) SAP Consultant
4 3 (10.71%) Data Modeller
5 2 (7.14%) Credit Risk Modeller
5 2 (7.14%) Developer
5 2 (7.14%) Finance Manager
5 2 (7.14%) SAS Developer
5 2 (7.14%) SAS Modeller
6 1 (3.57%) Business Analyst
6 1 (3.57%) Credit Risk Developer
6 1 (3.57%) Credit Risk Manager
6 1 (3.57%) Data Analyst
6 1 (3.57%) Finance Project Manager
6 1 (3.57%) Project Manager
6 1 (3.57%) Report Analyst
6 1 (3.57%) Risk Manager
Miscellaneous
1 8 (28.57%) Credit Risk
Processes & Methodologies
1 7 (25.00%) Analytics
1 7 (25.00%) Stress Testing
2 5 (17.86%) Data Modelling
2 5 (17.86%) Migration
2 5 (17.86%) Portfolio Management
2 5 (17.86%) Requirements Workshops
2 5 (17.86%) Revenue Recognition
2 5 (17.86%) Stakeholder Engagement
3 3 (10.71%) Agile
3 3 (10.71%) Internal Audit
3 3 (10.71%) Validation
4 2 (7.14%) Data Analysis
4 2 (7.14%) Data Cleansing
4 2 (7.14%) Kanban
4 2 (7.14%) Project Management
4 2 (7.14%) Scrum
5 1 (3.57%) Change Management
5 1 (3.57%) ERP
5 1 (3.57%) Fund Accounting
5 1 (3.57%) Stakeholder Management
Programming Languages
1 3 (10.71%) SQL
Qualifications
1 9 (32.14%) ICAEW
2 1 (3.57%) ACCA
2 1 (3.57%) CIMA
2 1 (3.57%) DV Cleared
2 1 (3.57%) SC Cleared
2 1 (3.57%) Security Cleared
Quality Assurance & Compliance
1 9 (32.14%) GAAP
1 9 (32.14%) IFRS 9
2 1 (3.57%) Basel III
2 1 (3.57%) COREP
2 1 (3.57%) FINREP
2 1 (3.57%) IFRS 17
2 1 (3.57%) Solvency II
Vendors
1 7 (25.00%) SAP
2 2 (7.14%) Salesforce