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Pricing Analyst

Cleveland, OH

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Pricing Analyst
Org Marketing Statement
With annual sales of $12 billion in fiscal year 2017, Parker Hannifin 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 61 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index.
Position Summary:
Assist Strategic Pricing Manager for a division. Responsible for proactively analyzing and making recommendations considering customer value-based marketing, competitive markets, and company costs affecting the business plans and profitability across the division. Will collect, analyze and evaluate data supporting divisions' price to resistance strategy.
Scope/Supervision and Interaction:
Reports to the Division Strategic Pricing Manager and can have subordinates. Interact with the Corporate, Group and Division personnel. Will directly support Division Strategic Pricing Managers, product managers, and division management.
Essential Functions:
Responsible for design and implementation of continuous improvement techniques and methods to internal processes and systems to eliminate waste and improve process. - Works with IT staff in design and implementation of systems and reporting improvements for measuring and monitoring pricing effectiveness and efficiency.
Assists in analyzing division product markets determining the ceiling and floor prices of products. Evaluates cause and effect with pricing, volume, cost, competition, distribution and segmentation. Recommends appropriate levels.
Monitors and keeps divisions focused on corporate strategic pricing initiatives. Responsible for creating and reinforcing continuous feedback vehicles to encourage successful pricing models. Responsible for implementation of tools to be used by product managers and field sales.
Assists divisions in determining appropriate list prices, standard discounts and rebates and managing any restructuring, updating, communication and publication of price increases.
Analyzing the exception pricing process by recommending guidelines, authority levels and maintaining a disciplined and structured approach to exception pricing.
Provides management with reports which allows management to effectively respond to changing economic conditions and market changes. Performs ongoing measurements and reporting on pricing effectiveness.
Qualifications:- BS in Business, Engineering, Marketing, or related filed with six years or more experience preferred.
MBA preferred
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.
General understanding of manufacturing processes, practices and cost accounting.
Must be able to maintain customer confidence and protect operations by keeping pricing information confidential.
Additional Comments:
The essential functions have been provided as examples of the type of work performed by employees assigned to this job classification. The Company reserves the right to modify the work assignments and/or to make reasonable accommodations so that qualified employees can perform the essential functions. The job description is not intended to be an all inclusive list of duties and responsibilities. It is intended to describe the general nature of the position.
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. U.S. Citizenship/Permanent Resident is required for most positions.
(“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 ****self
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