Senior Cost/Pricing Analyst (SSO Division – Location: Irvine, CA)

Parker Hannifin; Irvine (CA); On-site; USD 87,050 - 145,250; Full time

Benefits offered by this job

Comprehensive medical coverage

401(k) matching contributions

Paid Time Off and Company-Paid Holidays

Job summary

Parker Hannifin is seeking a Cost Analyst in Irvine, CA, to apply cost accounting principles and analyze production cost performance data. You will determine costs, develop proposals, and represent the company in contract negotiations.

The candidate must have a Bachelor's degree and 6+ years of experience in a related field. This role demands advanced knowledge of accounting principles and strong analytical skills with a competitive salary range from $87,050 to $145,250 annually.

Parker offers comprehensive benefits, including medical coverage, 401(k) matching, and career development resources.

Qualifications

• 6+ years of related experience in cost accounting or financial analysis.
• Proficient in quoting business opportunities and understanding government audits.
• Advanced knowledge of accounting principles and federal regulations.

Responsibilities

• Analyzes cost data to inform business proposals and negotiations.
• Maintains compliance with pricing laws and regulations.
• Prepares periodic reports comparing standard to actual production costs.

Skills

Cost Accounting

Financial Analysis

Risk Analysis

Effective Communication

Continuous Improvement

Education

Bachelor’s degree in Accounting or Business Administration

Tools

Automated estimating systems

Spreadsheet applications

Job description

Position Summary

Applies principles of cost accounting to collect and analyze diverse and complex historical and estimated cost and pricing data. Prepares and analyzes production cost performance data. Utilizes diverse and complex databases, program knowledge, and historical data to prepare bids and cost proposals that are economically feasible and competitive. Performs risk analysis and negotiates business proposals.

Scope / Supervision and Interaction

____ Has Direct Reports __X__ Does Not Have Direct Reports

Essential Functions

• Determines cost of diverse and complex products and services by collecting historic and estimated operational data to provide cost information necessary for preparation and negotiation of proposals.
• Develops cost proposal rationale, cost breakdowns, and supporting data by determining the information required by the company and the customer.
• Identifies factors required to provide cost and price information data. Provides analyses of cost data and makes recommendations to management regarding price. Analyzes varied and complex cost data to determine projected profits or potential losses. Performs risk analysis as needed.
• Represents the company in contract negotiations by providing information and influencing the process in the best business interest of the company. Promotes the company's best interests by maintaining profitability targets and direction.
• Ensures compliance with federal, state and other related pricing laws, regulations and guidelines to minimize legal and financial exposure.
• Prepares special reports by collecting, analyzing, and summarizing diverse and complex information and trends.
• Guides cost analysis process by providing information on trends and forecasts; explaining processes and techniques; and recommending actions.
• Applies and leads continuous improvement initiatives to improve efficiency of systems and processes within the division and/or with corporate and customer involvement.
• Recommends actions by analyzing and interpreting data and making comparative analyses. Analyzes proposed changes in methods and materials. Provides make or buy analyses for major components.
• Analyzes actual manufacturing costs and prepares periodic reports comparing standard costs to actual production costs.
• Provides management with reports specifying and comparing factors affecting prices and profitability of products or services.
• Maintains customer confidence and protects operations by keeping financial information confidential.
• Maintains professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing networks, and/or participating in professional associations.
• May provide leadership to others in cost/price or related areas or on a business team. Acts as prime contact on high level projects. Establishes goals and objectives required to complete projects. Trains and mentors less experienced employees.
• Shares specialized knowledge with others. Represents company on high level projects and regular government audits of policies and procedures. Represents the division pricing team in interdivisional projects and analyses. Contributes to team effort by accomplishing related results as needed. Work assignments may include cross-functional or project team responsibilities (e.g. continuous improvement).

Qualifications

• Bachelor’s degree (BA) in Accounting, Business Administration, or a related field, and experience which has provided both theoretical and practical knowledge in the field. Demonstrated ability to perform the essential functions of the job typically acquired through 6+ years of related experience.
• Experienced in quoting new and continuing business opportunities, including TINA proposals and supporting Government audits (DCMA, DCAA, Military direct) when required.
• Advanced knowledge of accounting principles, laws, and regulations, including Cost Accounting Standards (CAS) and/or Federal Acquisition Regulations (FAR).
• Advanced knowledge of manufacturing, engineering, fabrication and assembly methodology and associated processes.
• Ability to effectively assess, lead, and implement continuous improvement in critical and/or high-impact areas.
• Proficient with automated estimating, pricing, and accounting systems, spreadsheet and database applications, and standard business applications software.
• Ability to read, analyze, organize, and interpret specialized, diverse, and complex estimates, price proposals, and financial reports.
• Ability to write reports and business correspondence.
• Ability to effectively communicate and present information to team members, team leaders, and top management.
• Ability to respond to inquiries or complaints from customers, regulatory agencies, or members of the business community.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to effectively demonstrate team member competencies and participate in goal-setting, performance feedback, and self-development activities.

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.

Pay, Benefits, Work Schedule

• Pay Range: $87,050 to $145,250 annually
• Participation in Annual Incentive Program

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 Affialative 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