Pricing Analyst II - Fluid Systems Division

Parker Hannifin

Irvine (CA)

On-site

USD 85,000 - 141,000

Full time

6 days ago
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Benefits offered by this job

Medical, dental and vision
401(k) with company match
Tuition reimbursement

Job summary

Parker Hannifin in Irvine, CA is seeking a Pricing Analyst II to support strategic pricing through data collection, analysis, and actionable recommendations. You will work with management and cross-functional teams to improve margin, pricing processes, and profitability.

The role involves analyzing product, market, customer, cost data; developing floor and ceiling price models; and delivering reports and insights to leadership.

Qualifications

  • Bachelor's degree in finance, economics, business administration, marketing, data analytics, statistics, or related field.
  • Minimun 2 years of progressive work experience in product pricing, financial analysis, market research, business analytics, or related.
  • Advanced Excel and data visualization experience (Power BI/Tableau) and familiarity with ERP/CRM systems.

Responsibilities

  • Analyze product, market, customer, cost, and competitive data to support pricing strategies and profitability decisions.
  • Develop product and market analyses to define floor and ceiling prices considering competitive intelligence and portfolio positioning.
  • Translate pricing drivers into data-driven recommendations for leadership and cross-functional teams.
  • Support deployment of enhanced pricing systems, analytics, and reporting capabilities.

Skills

Pricing analysis
Data analytics
Excel
Financial analysis
Cross-functional collaboration
Communication
Cost accounting
Pricing strategy

Education

Bachelor's degree in finance or related field

Tools

Power BI
Tableau
ERP/CRM systems
MS Access

Job description

Position Summary

The Pricing Analyst II is responsible for supporting strategic pricing objectives through data collection, analysis, evaluation, and recommendation of pricing actions. This role partners closely with management and cross-functional teams to support pricing strategy, margin improvement, pricing process effectiveness, and alignment with business priorities. The position supports pricing decisions through product, market, customer, cost, and competitive analyses and contributes to improved pricing accuracy, profitability, and consistency. This role generally reports to the Pricing Manager, Marketing Manager, or Business Development Manager and may provide guidance to team members or project participants as needed.

Essential Functions
  • Analyze product, market, customer, cost, channel, segmentation, and competitive data to support pricing
    strategies, margin improvement, and profitability decisions.
  • Develop product and market analyses to define and refine floor and ceiling prices, incorporating
    competitive intelligence, customer value perception, and portfolio positioning.
  • Evaluate pricing drivers, including volume, cost, competition, channel, and segmentation, and translate
    findings into clear, data-driven pricing strategies and recommendations for division and business unit
    leadership.
  • Partner with cross-functional teams to define requirements and support the deployment of enhanced
    pricing systems, analytics, and reporting capabilities.
  • Support the design and implementation of continuous improvement initiatives for pricing processes and
    systems to improve speed, accuracy, efficiency, and margin realization.
  • Support corporate strategic pricing initiatives across divisions by using data, insights, and structured
    reviews to promote alignment, adoption, and compliance with pricing guidelines.
  • Develop and maintain feedback mechanisms that measure pricing effectiveness and support ongoing
    refinement of pricing models.
  • Support the development, enhancement, and deployment of pricing tools and guidelines used by product
    managers and field sales, ensuring they are current, user-friendly, and aligned with strategic objectives.
  • Advise on list price structures, standard discounts, and rebate programs, including supporting restructuring
    activities, coordinating communication plans, and overseeing publication of price increases.
  • Define and refine the exception pricing process by recommending guidelines and authority levels and
    maintaining a disciplined, structured approach to exception pricing.
  • Develop and deliver reports and insights on pricing performance, highlighting trends, risks, and
    opportunities and recommending actions in response to changing economic and market conditions.
  • Communicate pricing insights, recommendations, and process updates to management, product teams,
    field sales, and other stakeholders.
  • May provide guidance to team members, project participants, or business partners in support of pricing
    initiatives and process adoption.
Qualifications
  • Bachelor's degree in finance, economics, business administration, marketing, data analytics, statistics,
    industrial engineering, accounting, information systems, or a related field.
  • Minimun 2 years of progressive work experience in product pricing, financial analysis, market research,
    business analytics, sales operations, product management, or commercial strategy.
  • Experience with advanced Excel, pricing analysis, margin analysis, data visualization tools such as Power BI or Tableau, ERP/CRM systems, and data-driven business recommendations is preferred.
  • Strong analytical and quantitative skills, including the ability to interpret complex data and translate
    findings into practical pricing recommendations.
  • Advanced proficiency with Microsoft Excel and working knowledge of Microsoft Access, data/query
    tools, or related analytics platforms.
  • Understanding of manufacturing processes, business practices, and cost accounting principles, with the
    ability to apply this knowledge to pricing, margin, and profitability decisions.
  • Knowledge of pricing strategy, discount structures, rebates, price realization, and margin analysis.
  • Ability to develop clear reports, dashboards, analyses, and recommendations for business leaders and
    stakeholders.
  • Strong communication skills, including the ability to explain pricing concepts and analytical findings to
    varied audiences.
  • Ability to manage multiple priorities, meet deadlines, and support projects in a cross-functional
    environment.
  • Continuous improvement mindset with the ability to identify process gaps and recommend practical
    improvements.
  • Sound judgment and attention to detail when working with pricing data, business requirements, and
    approval processes.
  • Ability to safeguard sensitive and confidential pricing, customer, and business information.
Pay, Benefits, Work Schedule
Competitive Compensation
  • Pay Range: $84915 to $141320 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
Additional Comments

The essential functions have been provided as example of the type of work performed by employees assigned to this job classification. The company reserves the right to modify the work assignments and/or to make reasonable accommodations so that qualified employees can perform the essential functions. The job description is not intended to be an inclusive list of duties and responsibilities. It is intended to describe the general nature of the position.

Parker is an Equal Opportunity and Aff… (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

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