Internal Audit Contracts

Internal Auditing
UK

The table below provides summary statistics for contract job vacancies requiring Internal Audit skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Internal Audit over the 6 months leading up to 12 June 2024, comparing them to the same period in the previous two years.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank 529 525 553
Rank change year-on-year -4 +28 +72
Contract jobs citing Internal Audit 55 173 304
As % of all contract jobs advertised in the UK 0.13% 0.31% 0.35%
As % of the Processes & Methodologies category 0.15% 0.35% 0.38%
Number of daily rates quoted 33 131 216
10th Percentile £225 £322 £450
25th Percentile £475 £456 £550
Median daily rate (50th Percentile) £550 £550 £625
Median % change year-on-year - -12.00% +13.64%
75th Percentile £606 £650 £700
90th Percentile £775 £788 £750
UK excluding London median daily rate £525 £500 £500
% change year-on-year +5.00% - -5.66%
Number of hourly rates quoted 2 1 6
10th Percentile - - £25.47
25th Percentile - £37.46 -
Median hourly rate £11.79 £38.98 £37.43
Median % change year-on-year -69.75% +4.13% -10.88%
75th Percentile - £40.49 -
90th Percentile - - £68.72
UK excluding London median hourly rate £11.79 £38.98 £37.43
% change year-on-year -69.75% +4.13% -10.88%

All Process and Methodology Skills
UK

Internal Audit falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,178 49,770 79,013
As % of all contract IT jobs advertised in the UK 85.13% 89.61% 90.64%
Number of daily rates quoted 23,737 34,458 55,587
10th Percentile £300 £325 £350
25th Percentile £413 £438 £436
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.50%
75th Percentile £638 £650 £650
90th Percentile £750 £750 £743
UK excluding London median daily rate £500 £500 £490
% change year-on-year - +2.04% +8.89%
Number of hourly rates quoted 2,579 1,678 1,852
10th Percentile £12.75 £10.96 £12.50
25th Percentile £16.00 £15.75 £15.90
Median hourly rate £37.00 £35.65 £26.00
Median % change year-on-year +3.79% +37.12% +13.04%
75th Percentile £61.28 £65.00 £50.15
90th Percentile £72.50 £75.00 £65.25
UK excluding London median hourly rate £38.12 £34.90 £21.00
% change year-on-year +9.23% +66.18% -

Internal Audit
Job Vacancy Trend

Job postings citing Internal Audit as a proportion of all IT jobs advertised.

Job vacancy trend for Internal Audit in the UK

Internal Audit
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Internal Audit.

Daily rate trend for Internal Audit in the UK

Internal Audit
Daily Rate Histogram

Daily rate distribution for jobs citing Internal Audit over the 6 months to 12 June 2024.

Daily rate histogram for Internal Audit in the UK

Internal Audit
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Internal Audit.

Hourly rate trend for Internal Audit in the UK

Internal Audit
Top 11 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Internal Audit within the UK over the 6 months to 12 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
England -19 41 £500 -9.09% 259
UK excluding London +5 32 £525 +5.00% 198
Work from Home +97 25 £575 +4.55% 64
North West +19 12 £488 -2.50% 21
North of England +19 12 £488 -11.36% 38
London -7 12 £575 - 64
Scotland +48 8 £600 +9.00% 13
South East +4 7 £575 +27.78% 61
West Midlands +14 5 £750 +62.16% 22
Midlands +13 5 £750 +62.16% 41
South West +2 4 £200 -58.44% 27

Internal Audit
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 1 (1.82%) BizTalk Server
1 1 (1.82%) IBM Notes
1 1 (1.82%) Microsoft Exchange
1 1 (1.82%) SAS
1 1 (1.82%) SharePoint
Applications
1 3 (5.45%) Microsoft Excel
2 1 (1.82%) Spreadsheet
Business Applications
1 1 (1.82%) Elite 3E
Cloud Services
1 3 (5.45%) WhatsApp
2 2 (3.64%) Microsoft 365
2 2 (3.64%) PaaS
2 2 (3.64%) SaaS
3 1 (1.82%) Azure
3 1 (1.82%) Entra ID
3 1 (1.82%) IaaS
3 1 (1.82%) OneDrive
3 1 (1.82%) Power Platform
Communications & Networking
1 4 (7.27%) SCCP
2 2 (3.64%) WAN
3 1 (1.82%) LAN
3 1 (1.82%) Network Security
3 1 (1.82%) WLAN
Database & Business Intelligence
1 3 (5.45%) Data Vault
2 1 (1.82%) Power BI
2 1 (1.82%) SQL Server Reporting Services
Development Applications
1 1 (1.82%) JIRA
General
1 19 (34.55%) Finance
2 14 (25.45%) Banking
2 14 (25.45%) Social Skills
3 11 (20.00%) Public Sector
4 10 (18.18%) Analytical Skills
5 4 (7.27%) Inclusion and Diversity
6 1 (1.82%) Aviation
6 1 (1.82%) Environmental Health
6 1 (1.82%) Investment Banking
6 1 (1.82%) Law
6 1 (1.82%) Presentation Skills
6 1 (1.82%) Retail
Job Titles
1 13 (23.64%) Analyst
2 6 (10.91%) Compliance Manager
2 6 (10.91%) Software Asset Manager
2 6 (10.91%) Software Manager
3 5 (9.09%) Administrator
3 5 (9.09%) Compliance Analyst
3 5 (9.09%) Consultant
3 5 (9.09%) Data Administrator
3 5 (9.09%) Data Analyst
3 5 (9.09%) Data Compliance Analyst
3 5 (9.09%) Market Analyst
3 5 (9.09%) Market Data Administrator
3 5 (9.09%) Market Data Analyst
3 5 (9.09%) Market Data Support Analyst
3 5 (9.09%) Support Analyst
4 4 (7.27%) Asset and Configuration Manager
4 4 (7.27%) Configuration Manager
4 4 (7.27%) Senior
5 3 (5.45%) IT Consultant
5 3 (5.45%) Security Advisor
Libraries, Frameworks & Software Standards
1 2 (3.64%) React Native
2 1 (1.82%) Kafka
Miscellaneous
1 16 (29.09%) Management Information System
2 9 (16.36%) CMDB
3 8 (14.55%) Virtual Team
4 3 (5.45%) Credit Risk
4 3 (5.45%) Driving Licence
4 3 (5.45%) Self-Motivation
5 1 (1.82%) Greenfield Project
5 1 (1.82%) Hedge funds
5 1 (1.82%) Life Science
5 1 (1.82%) Operational Technology
5 1 (1.82%) Security Posture
5 1 (1.82%) SWIFT Messaging Network
Operating Systems
1 1 (1.82%) Windows
Processes & Methodologies
1 14 (25.45%) Quality Management
2 11 (20.00%) Information Security
2 11 (20.00%) Service Management
3 9 (16.36%) Mentoring
3 9 (16.36%) Problem-Solving
3 9 (16.36%) Risk Management
4 8 (14.55%) Asset Management
4 8 (14.55%) IT Asset Management
4 8 (14.55%) Service Asset and Configuration Management
4 8 (14.55%) Virtual Team Management
5 7 (12.73%) Analytics
5 7 (12.73%) Configuration Management
5 7 (12.73%) Statistics
6 6 (10.91%) Agile
6 6 (10.91%) Business Process Analysis
6 6 (10.91%) ISMS
6 6 (10.91%) Stakeholder Management
6 6 (10.91%) Threat Modelling
6 6 (10.91%) Validation
7 5 (9.09%) Incident Management
Programming Languages
1 2 (3.64%) SQL
2 1 (1.82%) PowerShell
2 1 (1.82%) Python
2 1 (1.82%) R
Qualifications
1 9 (16.36%) SC Cleared
1 9 (16.36%) Security Cleared
2 7 (12.73%) CISSP
3 6 (10.91%) Degree
4 5 (9.09%) ISO 27001 Lead Auditor
4 5 (9.09%) ISO 27001 Lead Implementer
5 4 (7.27%) CLAS
6 3 (5.45%) CISA
7 2 (3.64%) CRISC
7 2 (3.64%) Master's Degree
8 1 (1.82%) CISM
Quality Assurance & Compliance
1 11 (20.00%) ISO/IEC 27001
2 8 (14.55%) Data Quality
3 5 (9.09%) GRC
3 5 (9.09%) ISO 9001
4 3 (5.45%) COBIT
4 3 (5.45%) IFRS
4 3 (5.45%) IFRS 9
4 3 (5.45%) ITGC
4 3 (5.45%) NIST
4 3 (5.45%) QA
4 3 (5.45%) Sarbanes-Oxley
5 1 (1.82%) COSHH
5 1 (1.82%) COSO
5 1 (1.82%) EMIR
5 1 (1.82%) GLBA
5 1 (1.82%) ISO/IEC 20000
5 1 (1.82%) MiFID
5 1 (1.82%) NEBOSH
5 1 (1.82%) PMO
5 1 (1.82%) SOC 2
System Software
1 2 (3.64%) Active Directory
Systems Management
1 3 (5.45%) Thomson Reuters DACS
2 1 (1.82%) CASB
2 1 (1.82%) Kubernetes
2 1 (1.82%) McAfee ePO
Vendors
1 5 (9.09%) Bloomberg
1 5 (9.09%) Refinitiv
2 4 (7.27%) Microsoft
3 1 (1.82%) Axway
3 1 (1.82%) Cisco
3 1 (1.82%) Lotus
3 1 (1.82%) McAfee
3 1 (1.82%) Netskope
3 1 (1.82%) Oracle
3 1 (1.82%) Trend Micro