Pricing Analyst

PARKER HANNIFIN CORP; Des Plaines (IL); On-site; USD 62,000 - 103,000; Full time

Benefits offered by this job

Medical coverage

401(k) with match

Paid time off

Tuition reimbursement

Job summary

Parker Hannifin Des Plaines location seeks a Pricing Analyst to support pricing analysis, reporting, and recommendations for profitability and pricing effectiveness. You will evaluate customer value, market conditions, product costs, discounting, and pricing performance while developing knowledge of pricing processes and tools.

The role requires a Bachelor's degree with strong analytical skills and proficiency in Excel; Power BI/Tableau experience is preferred.

Qualifications

• Bachelor’s degree in Business, Finance, Economics, Engineering, or related field.
• Experience in pricing, analytics, or related business functions.
• Strong analytical and quantitative skills with data interpretation.
• Proficiency with Microsoft Office; familiarity with Power BI/Tableau preferred.

Responsibilities

• Support pricing processes, tools, systems, and reports.
• Analyze product markets and recommend floor/ceiling prices.
• Evaluate pricing factors such as volume, cost, competition, channel, and profitability.
• Develop product cost estimates to support quote reviews and profitability.
• Align with corporate pricing initiatives, policies, and standard processes.
• Prepare recurring and ad hoc pricing reports for management.

Skills

Pricing analysis

Data analytics

Excel proficiency

Power BI

Education

Bachelor’s degree in Business, Finance, Economics, Engineering or related field

Tools

Excel

Power BI

Tableau

Salesforce

ERP systems

Job description

Responsibilities

Do you have what it takes to shape a better tomorrow?

In Motion Systems Group and Hydraulic Actuator Division, we play a pivotal role in applications that change our world. We are in almost everything that moves. With our wide range of technologies, we help our customers solve their most complex engineering challenges by living our purpose: enabling engineering breakthroughs that lead to a better tomorrow. We believe that our team members are our key assets and that a diverse workforce is a driving force to bring our purpose to life. We foster a culture where every team member feels safe, included and empowered.

We all belong, we all matter, and we all make a difference.

We have an exciting opening for a Pricing Analyst in Des Plaines, IL. This position is responsible for supporting pricing analysis, reporting, and recommendations that help improve profitability, pricing effectiveness, and business decision-making. Under general guidance, this role evaluates customer value, market conditions, product costs, discounting, and pricing performance while developing knowledge of pricing processes, tools, products, and markets.

Your responsibilities

• Support improvements to pricing processes, tools, systems, and reports to increase accuracy, efficiency, and consistency.
• Assist in analyzing product markets and recommending product floor and ceiling prices.
• Evaluate pricing factors such as volume, cost, competition, channel, customer segmentation, and profitability under guidance.
• Assist in developing product cost estimates to support the quote review process and profit evaluation.
• Support alignment with corporate pricing initiatives, policies, and standard processes.
• Maintain feedback mechanisms used to measure pricing effectiveness and identify improvement opportunities.
• Support pricing tools used by product managers, sales teams, and business leaders.
• Assist with list price reviews, discount and rebate analysis, price increase preparation, communication, and publication.
• Review exception pricing activity, monitor trends, and support adherence to pricing guidelines and authority levels.
• Prepare recurring and ad hoc pricing reports to help management respond to economic, competitive, and market changes.
• Maintain accurate pricing data, documentation, and confidentiality of sensitive pricing information.

Who we are looking for

• Bachelor’s degree required; preferred fields of study include Business, Finance, Economics, Engineering, Engineering Technology, Data Analytics, Marketing, or a related discipline.
• Relevant experience may include internships, co-ops, or entry-level roles in pricing, finance, analytics, marketing, or other related business functions
• Strong analytical and quantitative skills with the ability to interpret data and identify trends.
• Proficiency with Microsoft Office, particularly Excel; familiarity with Access, Power BI, Tableau, Salesforce, ERP systems, or other data tools preferred.
• Strong written, verbal, and presentation skills.

Ideally, you will also have

• General understanding of manufacturing processes, business operations, cost drivers, or cost accounting concepts preferred.
• Strong attention to detail, sound judgment, and ability to protect sensitive pricing, customer, and business information.
• Ability to manage multiple priorities, meet deadlines, and work effectively in a team environment.

What we offer

• Solid employer present on the market for over 100 years.
• Career growth and opportunities: we hire from within!
• Collaborative and empowered work environment where team spirit is at the center of our success.
• Company values that encourage trust, respect, collaboration and professional growth.
• Open environment: we are excited to hear your ideas!

Conditions of Employment

This position is subject to meeting U.S. export compliance and/or U.S. Government contracting citizenship eligibility requirements.

Parker Hannifin

Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century, we've enabled engineering breakthroughs that make energy cleaner, transportation safer, medical treatments more effective, and manufacturing more efficient.

With empowered team members in more than 40 countries, Parker serves customers across aerospace & defense, energy, HVAC & refrigeration, in-plant & industrial equipment, off-highway and transportation.

Our scale is global, but our purpose is personal. We enable breakthroughs that improve lives, strengthen communities and create a brighter future.

Our Purpose - Enabling Engineering Breakthroughs that Lead to a Better Tomorrow - comes to life through our people-first culture where teamwork drives performance, inclusion fuels innovation and growth is encouraged.

This environment fosters collaboration and empowers team members from engineering and manufacturing to finance, supply chain, human resources, information technology and beyond.

By combining deep expertise with an entrepreneurial spirit, we help customers succeed in markets that demand performance, reliability, and sustainability.

As we look to the future, Parker is advancing initiatives in energy efficiency and sustainability while developing the next generation of talent and leaders to engineer a better tomorrow.

Pay, Benefits, Work Schedule

Competitive Compensation

• Pay Range: $61810 to $102920 annually
• Participation in Annual Incentive Program

Benefit & Retirement Plans

Parker offers competitive benefit programs, including:

• Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost.
• 401(k) Plan with company matching contributions at 100% of the first 5% of pay.
• Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay.
• Career development and tuition reimbursement.
• Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.
• Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
• Paid Time Off and Company-Paid Holidays.

Equal Employment Opportunity

Parker is an Equal Opportunity and Affimative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations. (“Minority / Female / Disability / Veteran / VEVRAA Federal Contractor”)

Drug Tests

Drug-Free Workplace

In accordance with Parker's policies and applicable state laws, Parker provides for a drug-free workplace. Therefore, all applicants seeking employment with Parker will be subject to drug testing as a condition of employment.