Pricing Analyst

Pricing Analyst

Founded in 1917, Parker Hannifin Corporation is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company has operations in 50 countries around the world. Parker has increased its annual dividends paid to shareholders for 64 consecutive fiscal years, among the top five longest running dividend increase records in the S&P 500 index.

The Parker Industrial Process Filtration Division (IPF) brings together over a hundred years of expertise in filtration and separation products. With safety and innovative solutions at the forefront of our designs, we provide a complete breadth of code stamped filter vessels and filter cartridges under the PECO product line servicing the upstream, midstream and downstream markets. From chemicals, water, inks, paints, coatings, and any general fluid application in between, we provide a variety of Parker pleated and depth filters to fit industrial application needs.

The IPF Division is part of the Parker Filtration Group and consists of locations in Texas and North Carolina.

Assist the Division Strategic Pricing Manager in supporting marketing and sales for the Industrial Process Filtration Division in Mineral Wells, TX (near Fort Worth). Make proactively recommend and enact decisions that support sales growth, improve operation health, and support P&L owners' goals by considering customer value-based marketing, competitive markets, manufacturing costs, and divisional return on sales targets. Support all business units and value streams of the division regarding pricing strategy and reviews of manufacturing costs.

Achieve corporate strategic pricing initiatives: including cost, tariff, and inflation coverage; reduce bad factor business; and improve electronic access to view and order products. Update and improve attribute-based-pricing and value-based-pricing tables. Partner closely with Division Leadership, Product Management, Engineering, Mar Com, and Field Sales to achieve price effectivity.

Proactively provide best-in-class customer support via accurate and timely quotes and answers. Review all RFQs and appropriately make decisions that will ultimately improve the profit levels of the division, taking into account the current market conditions and risk to the division. Support Customer Service, ensuring all ERPs stay up-to-date.

Responsible for design and implementation of Kaizen techniques and methods to internal processes and systems to eliminate waste and improve processes. Responsible for completing monthly standard work, including Sales Price Index and Parker Operating Protocol (POP) Pricing Pareto calculations, and our Win Scorecard metrics.

Assist in analyzing the division's product markets; determine the ceiling and floor prices of products. Evaluate implications on adjustments on pricing, volume, cost, competition, distribution, and segmentation. Recommend appropriate levels and take decisive action within delegated bounds.

Determine appropriate list prices; standard discounts and rebates; and publication of price adjustments.

Maintain a disciplined and structured approach to approval of exception pricing on Special Pricing Agreements.

Work with team on design and implementation of measures and methods for improving pricing effectiveness and efficiency.

Provide management with supporting documentation to allow management to effectively respond to changing economic conditions and market changes.

BS in Accounting, Marketing, Finance, or equivalent practical experience and two or more years of full-time professional experience.

Strong analytical and quantitative skills with the ability to be accountable for and provide actionable insights to all parties responsible for sales, operational, and P&L results.

Excellent PC skills with proficiency with Microsoft Excel (pivot tables, xlookups, and other complex formulas) – Experience with Microsoft Power BI preferred.

Strong written, verbal, and presentation skills; capable of collaborating effectively with stakeholders at all levels.

Pricing/quoting/sales/marketing experience a plus.

General understanding of manufacturing processes, practices, and cost accounting.

Must be able to maintain customer confidence and keep financial and pricing information confidential.

Detail-oriented with a focus on accuracy and precision in all submitted work and communications.

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…