Pricing Analyst I (SSO – Location: Irvine, CA)

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

Benefits offered by this job

Medical coverage

401(k) Plan with company matching

Tuition reimbursement

Paid time off

Holidays

Job summary

Parker Aerospace in Irvine, CA is seeking an entry-level Pricing Analyst I for the Services & Support Operations division. You will analyze markets, customer value, and company costs to influence pricing decisions affecting profitability and strategic pricing initiatives.

The role requires a bachelor’s degree and strong analytical, Excel and presentation skills; it offers exposure to pricing tools, reporting, and cross-functional collaboration within a global aerospace organization.

Qualifications

• Bachelor’s degree in Business, Finance, Economics, Engineering, Data Analytics, or a related field.
• Strong analytical and quantitative skills.
• 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 maintain pricing information confidentiality.

Responsibilities

• Design and implement continuous improvement techniques to internal processes to eliminate waste and improve efficiency.
• Develop systems and reporting to measure pricing effectiveness and efficiency.
• Assist in analyzing product markets to determine ceiling and floor prices.
• Evaluate pricing vs. cost, volume, competition and distribution; recommend levels.
• Monitor and drive pricing initiatives aligned with corporate strategy.
• Provide reports to management on pricing effectiveness amid market changes.

Skills

Pricing analytics

Excel

Data analysis

Cost accounting

Presentation

Education

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

Tools

Microsoft Access

Job description

Org Marketing Statement

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.

Org Marketing Statement

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.

Services & Support Operations Division

The Services and Support Operations (SSO) is a global leader of integrated MRO services and support. We are renowned for our exceptional customer service and expertise at every stage of the aircraft lifecycle, providing innovative OEM-quality service solutions across a comprehensive portfolio. We are proud to serve airlines/ business jet operators, the military, airframe/ engine manufacturers, as well as independent service centers. With our extensive network of service teams worldwide, MRO facilities, proprietary predictive modeling, and advanced systems, we offer 24/7 operational and technical support wherever it's needed.

Pricing Analyst I (SSO – Irvine, CA)

Summary

Position 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.

Scope/Supervision And Interaction

____ Has Direct Reports __X__ Does Not Have Direct Reports

Essential Functions

• Design and implement continuous improvement techniques and methods to internal processes and systems to eliminate waste and improve process.
• 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 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 be used 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 allows management to effectively respond to changing economic conditions and market changes. Performs ongoing measurements and reporting on pricing effectiveness.

Qualifications

• 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. Must be a US Citizen.

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.

Competitive Compensation

Pay, Benefits, Work Schedule

• 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 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”)

If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Employees & Job Applicants | U.S. Equal Employment Opportunity Commission