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Sr. Financial Analyst - Aerospace

Job in Akron, Summit County, Ohio, 44329, USA
Listing for: Parker Hannifin
Full Time position
Listed on 2026-02-28
Job specializations:
  • Finance & Banking
    Financial Analyst
  • Business
    Financial Analyst
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below

Company Overview

Parker Aerospace, an operating segment of Parker Hannifin Corporation, is one of the world’s leading producers of flight control, hydraulic, fuel and inerting, fluid conveyance, thermal management, and engine systems and components for the aerospace industry. We design and build equipment for virtually every aircraft and aero engine being produced in the world today. In addition to game-changing technology, our customers look to us for shorter lead times, lower costs, higher reliability, and lifetime support.

All coupled with the positive attitude and innovative thinking of a true business partner. Parker Aerospace provides unmatched performance for both our customers and shareholders, built on a foundation of core company values. As a result, our business growth is impressive and consistent. Best of all, our team members share in the success resulting from that growth.

Position Summary

The Senior Financial Analyst will develop and manage complex financial models supporting new and existing business with both OEM and aftermarket customers. Provide tactical, day-to-day pricing support for Braking Systems Division. Support Program Management by monitoring and reporting program health status. Partner closely with Sales, Business Development, Program Management, Contracts, and Pricing to drive growth, achieve KPIs, and support profitable deals and long‑term agreements.

Essential

Functions

Commercial Finance Business Partnering

  • Support bid/quote reviews: model pricing, discounts, escalation indices, surcharges, and terms (payment, warranty, liquidated damages).
  • Provide decision support to Sales and Program teams on volumes, mix, and profitability; codify approval thresholds and assumptions.

Pricing, Contracts, and Price Realization

  • Provide tactical pricing support for day-to-day quoting of non-catalog parts.
  • Govern price lists, catalog updates; partner with Pricing/Contracts on compliance and renewals.

Program Management Support

  • Partner with Program Management to develop cadence for reporting on program health.
  • Support with timely updates to financial models allowing key stakeholders to make real‑time strategic decisions.

Process Improvement

  • Continuously assess and improve financial processes and systems to enhance efficiency, accuracy, and analytical capabilities.
  • Champion initiatives that automate and optimize financial processes, reducing manual effort and increasing time for strategic analysis.
  • Foster collaboration and learning between finance and other departments to refine cross‑functional processes, ensuring more integrated and efficient operations across the organization.
Qualifications
  • Bachelor degree in Finance, Accounting, Economics, or related; MBA/CPA/CFA a plus
  • 5+ years in FP&A or Commercial Finance; experience in aerospace/defense or complex manufacturing preferred
  • Demonstrated ownership of financial modeling, pricing, and commercial deal support; OEM and Aftermarket exposure preferred
  • Familiarity with LTAs, escalation/indexation, and program economics
  • Advanced Excel modeling;
    Power BI; ERP (SAP); CRM (Salesforce)
  • Strong financial modeling, scenario analysis, and data storytelling; ability to influence cross‑functional leaders
  • Executive communication, stakeholder management, structured problem solving, bias for action, and a continuous improvement mindset
  • Key Performance Indicators (KPIs)
  • Price realization vs target; discount/margin leakage reduction
  • Stakeholder satisfaction and cycle‑time improvements
  • Minimal to no travel
Why This Role Matters

Connects market demand and commercial actions to operational execution and financial outcomes, enabling accurate commitments, profitable growth, and disciplined pricing.

Come join the Parker Aerospace Team!

Our competitive package includes:

Competitive Compensation
  • Participation in Annual Incentive Plan
Benefit & Retirement Plans
  • 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…
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