Strategic Pricing Analyst | Drive Profitability

Parker Hannifin Corporation; Des Plaines (IL); On-site; USD 62,000 - 103,000; Full time

Benefits offered by this job

Career growth opportunities

Collaborative work environment

Company values and culture

Open environment for ideas

Job summary

Parker Hannifin Des Plaines, IL is seeking a Pricing Analyst to support pricing analysis, reporting, and recommendations that improve profitability and pricing effectiveness. You will evaluate customer value, market conditions, product costs, discounting, and pricing performance under general guidance.

You will work with pricing tools and collaborate with product managers, sales teams, and business leaders to optimize prices and drive business decisions.

Qualifications

• Bachelor's degree required; preferred fields include Business, Finance, Economics, Engineering, Engineering Technology, Data Analytics, Marketing, or 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.

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.

Skills

Analytical skills

Quantitative skills

Excel

Power BI

Tableau

Salesforce

ERP systems

Education

Bachelor's degree

Tools

Access

Power BI

Tableau

Salesforce

ERP systems

Job description

Parker Hannifin Des Plaines, IL is seeking a Pricing Analyst to support pricing analysis, reporting, and recommendations that improve profitability and pricing effectiveness. You will evaluate customer value, market conditions, product costs, discounting, and pricing performance under general guidance.

You will work with pricing tools and collaborate with product managers, sales teams, and business leaders to optimize prices and drive business decisions.