Pricing Analyst I
Indexed description
At Parker Hannifin’s Hydraulic & Aerospace Filtration Division (HAFD), we specialize in manufacturing high-quality products that filter, purify, and provide positive protection against contamination. Our solutions deliver predictable reliability for hydraulic, lubrication, fuel and air systems and components.
Parker HAFD offers a comprehensive portfolio of fluid filtering products. We are proud to be a leader in the filtration industry, committed to premier quality standards supported by state-of-the-art engineering, advanced prototyping capabilities, and a cutting-edge test laboratory.
The products, systems, and services we provide deliver meaningful benefits to our valued customers across key markets including Industrial, Mobile, Natural Resources, Power Generation, and Transportation. Our solutions enhance system fluid longevity, protect critical system components, reduce environmental impact, promote safety, and ensure the long-term health and reliability of essential capital assets.
Position 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.
Responsibilities
RESPONSIBILITIES
- Design and implement continuous improvement techniques and methods to internal processes and systems to eliminate waste and improve processes.
- 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 by 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 use 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 allow management to effectively respond to changing economic conditions and market changes. Performs ongoing measurements and report on pricing effectiveness.
- Bachelor’s degree in Business, Finance, Economics, Engineering, Data Analytics, or a related field.
- Pricing experience including internships, co-ops, or entry-level roles
- 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.
- Must be able to maintain customer confidence and protect operations by keeping pricing information confidential.
- Strong analytical skills, with the ability to interpret data, draw conclusions, and make sound recommendations.
- General understanding of manufacturing processes, practices, and cost accounting.
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.
Pay, Benefits, Work Schedule
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.
(“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
Drug Tests
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.
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