Pricing Analyst I - Military Flight Controls Division

Parker Hannifin Corporation; Irvine (CA); On-site; USD 71,000 - 117,000; Full time

Benefits offered by this job

Annual Incentive Program

Comprehensive benefits

Job summary

Parker Hannifin Corporation in Irvine, CA is seeking a Pricing Analyst I to support value-based pricing decisions across the division, leveraging market data and cost insights to influence profitability.

The role emphasizes analytical rigor, Excel/Access proficiency, and collaboration with product and sales teams to establish list prices, discounts and rebates, while ensuring pricing integrity and compliance.

Qualifications

• Bachelor’s degree in business, finance, economics, engineering, data analytics, or a related field.
• Strong analytical and quantitative skills.
• Excellent written, verbal and presentation skills.
• Proficiency with Microsoft Excel and Access.
• General understanding of manufacturing processes and cost accounting.
• Ability to maintain pricing information confidential.

Responsibilities

• Design and implement continuous improvement techniques to internal processes.
• Work with design and implementation of systems for pricing reporting and monitoring.
• Analyze product markets by determining ceiling and floor prices.
• Evaluate pricing against cost, competition, distribution and segmentation.
• Provide management with reports to respond to changing economic conditions and market changes.

Skills

Analytical skills

Excel

Access

Communication skills

Presentation skills

Project management

Pricing knowledge

Education

Bachelor’s degree in business, Finance, Economics, Engineering, Data Analytics, or related field

Tools

Microsoft Excel

Microsoft Access

Job description

Position Summary

Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century, the company has been enabling engineering breakthroughs that lead to a better tomorrow.

At Parker Aerospace, we develop technologies and innovative solutions that enable reliable, efficient and increasingly sustainable flight for the lifecycle of the aircraft, including aftermarket support. Our passionate people with deep engineering expertise, together with our breadth of differentiated technologies, ensure that we make the extraordinary happen and continue to shape the future of aviation in partnership with our customers.

As a member of our team, you are instrumental in fulfilling our mission: 'Enabling Engineering Breakthroughs that Lead to a Better Tomorrow.' Pursuing a career at Parker presents unlimited opportunities for both professional and personal development. Working with some of the most brilliant minds in the industry, your contributions will be pivotal in developing innovative technologies and products, significantly contributing to Parker's goal of addressing the world's most pressing engineering challenges. At Parker, our team members belong, matter and make a difference.

SUMMARY

The Pricing Analyst I is an entry-level pricing role with primary duties involve proactively analyzing and making recommendations considering customer value-based marketing, competitive markets, and company costs affecting the business plans and profitability across the division, incorporating program aspects to support decision-making processes that will impact our long-term future.

ESSENTIAL FUNCTIONS

• Design and implement continuous improvement techniques and methods to internal processes and systems to eliminate waste and improve processes.
• Works with other functions in design and implementation of systems and reporting improvements for measuring and monitoring pricing effectiveness and efficiency.
• Assist in analyzing product markets by determining the ceiling and floor prices of products.
• Evaluate cause and effect with pricing, volume, cost, competition, distribution, and segmentation. Recommend appropriate levels.
• Monitor and keep divisions focused on corporate strategic pricing initiatives.
• Create and reinforce continuous feedback vehicles to encourage successful pricing models.
• Implement tools to use by product managers and field sales.
• Assist divisions in determining appropriate list prices, standard discounts and rebates and managing any restructuring, updating, communication and publication of price increases.
• Analyze the exception pricing process by recommending guidelines, authority levels and maintaining a disciplined and structured approach to exception pricing.
• Provide management with reports which allow management to effectively respond to changing economic conditions and market changes. Performs ongoing measurements and report on pricing effectiveness.

JOB REQUIREMENTS

• Bachelor's degree in business, Finance, Economics, Engineering, Data Analytics, or a related field.
• Strong analytical and quantitative skills. Excellent PC skills with proficiency with Microsoft Excel and Access.
• Excellent written, verbal and presentation skills.
• Project management skills with sales/marketing experience a plus.
• General understanding of manufacturing processes, practices, and cost accounting.
• Must be able to maintain customer confidence and protect operations by keeping pricing information confident.

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

Pay, Benefits, Work Schedule

Competitive Compensation

• Pay Range: $70890 to $117300 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 Aff... 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)

Employees & Job Applicants | U.S. Equal Employment Opportunity Commission.

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.