Pricing Analyst

Position Summary

The Pricing Analyst applies principles of cost accounting to collect and analyze diverse and complex historical and estimated cost and pricing data. Prepares and analyzes production performance data. Utilizes diverse and complex databases, program knowledge, and historical data to prepare bids and quote proposals that are economically feasible and competitive.

__X__ Does Not Have Direct Reports

Responsibilities

• In this role you will partner closely with Division Leadership, Product Management, Engineering, MarCom, and Field Sales to analyze pricing. You will perform analysis and develop insights that influence negotiations and provide value-driven, clear pricing recommendations.
• Assists the Division in determining appropriate list prices, standard discounts, and rebates. Manages any restructuring, updating, communication and publication of price adjustments.
• Provide quotes/special pricing agreements using exception pricing guidelines. Continually review exception pricing process and make recommendations for improvement, maintaining a disciplined and structured approach to exception pricing.
• Provide Division Leadership Team with reporting and analysis on pricing effectiveness, monitoring market trends and economic conditions. Identify and communicate risks. This can include preparing special reports by collecting, analyzing, and summarizing diverse and complex information and trends.
• Assists in analyzing Division product markets and families, determining the ceiling and floor prices of products in collaboration with Product Management. Evaluates cause and effect with pricing, volume, cost, competition, market strategy, product life cycle, distribution, and segmentation. Recommend appropriate levels.
• Cleanse, organize, and interpret large datasets to support pricing recommendations and commercial decision making.
• Assist in streamlining workflow processes to increase efficiency.
• Ensure compliance with federal, state, and other related pricing laws, regulations, and guidelines to minimize legal and financial exposure.
• Maintains customer confidence and protects operations by keeping financial information confidential.
• Build a positive rapport with cross-functional teams across the Division as well as Field Sales.
• Measure and track Pricing performance KPI's relative to goals. Develop action plans surrounding continuous performance.

Qualifications

• Bachelor's degree (BS) in Finance, Accounting, Business Administration, or a related field.
• 3+ years of experience in pricing analysis or related roles, preferably within a finance, manufacturing, or supply chain environment with high volume transactions.
• Strong analytical and quantitative skills with the ability to translate data into actionable insights.
• Strong Excel Skills required (queries, pivots, complex formulas). Experience with SQL and Microsoft Power BI preferred.
• Excellent written, verbal, and presentation skills.
• Strong communication skills; capable of collaborating effectively with stakeholders at all levels.
• Detail-oriented with a focus on accuracy and precision in pricing management.
• Knowledge of Lean Tools and Problem-Solving skills.
• Ability to manage multiple projects/priorities (organized).
• Aptitude for business acumen and a desire to understand multiple areas of business to make informed decisions.
• Strategic Pricing/Quote generation experience and/or project management experience preferred.
• Knowledge of industry practices, regulations, and policies.
• Ability to effectively assess and implement continuous improvement principles and techniques.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Must be able to maintain customer confidence and protect operations by keeping pricing information confidential.

Parker Hannifin

Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century, we've enabled engineering breakthroughs that make energy cleaner, transportation safer, medical treatments more effective, and manufacturing more efficient.

With empowered team members in more than 40 countries, Parker serves customers across aerospace & defense, energy, HVAC & refrigeration, in-plant & industrial equipment, off-highway and transportation.

Our scale is global, but our purpose is personal. We enable breakthroughs that improve lives, strengthen communities and create a brighter future.

Our Purpose - Enabling Engineering Breakthroughs that Lead to a Better Tomorrow - comes to life through our people-first culture where teamwork drives performance, inclusion fuels innovation and growth is encouraged. This environment fosters collaboration and empowers team members from engineering and manufacturing to finance, supply chain, human resources, information technology and beyond.

By combining deep expertise with an entrepreneurial spirit, we help customers succeed in markets that demand performance, reliability, and sustainability.

As we look to the future, Parker is advancing initiatives in energy efficiency and sustainability while developing the next generation of talent and leaders to engineer a better tomorrow.

Equal Employment Opportunity

Parker is an Equal Opportunity and Affirmative 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