Job Information
Parker Hannifin Corporation Cost/Price Analyst Specialist in IRVINE, California
Cost/Price Analyst Specialist
Location : IRVINE, CA, United States
Job Family : Finance/Economics
Job Type : Regular
Posted : Aug 23, 2024
Job ID : 51384
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Job Description
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Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Learn more at www.parker.com or @parkerhannifin.
Military Flight Controls Division
Supporting aircraft worldwide, Parker Aerospace’s Military Flight Controls Division (MFCD) provides primary and secondary flight control systems that make flight possible. Tested, proven and trusted in commercial and military applications for decades, MFCD provides precise position-control actuation solutions for military aircraft across the United States and with foreign partners. The division’s JetPipe® electrohydraulic servovalve (EHSV) technology is used across commercial and military aircraft around the world. Headquartered in Irvine, California, the Military Flight Controls Division is the global leader in fly-by-wire flight control systems and electrohydraulic products and offers the world's most advanced motor design capabilities for flight controls.
With minimum supervision, responsible for collection and analysis of historical and estimated cost data to support proposals.
Determines cost of new, unique, or complex products and services by collecting historic and estimated operational data required to cost information necessary for preparation and negotiation of proposals.
Develops cost proposal rationale, cost breakdowns and supporting data by determining the information required by the company and the customer. May apply new approaches or significantly modify standard procedures.
Identifies factors required to provide cost and price information data. Provides analyses of cost data and makes recommendations to management regarding price. Analyzes complex cost data to determine projected profits or potential losses including risk analysis. Analyzes and presents alternative pricing scenarios with varying risk trade-offs.
Represents the company in high-level contract negotiations by providing information and influencing the process in the best business interest of the company. Frequently negotiates off-site in a leadership role with limited support. Negotiates major long-term agreements with suppliers.
Ensures compliance with federal, state and other related pricing laws, regulations and guidelines to minimize legal and financial exposure.
Prepares special reports by collecting, analyzing, and summarizing specialized, diverse, and complex information and trends.
Guides cost analysis process by providing sophisticated, in-depth analysis of information on trends and forecasts; explaining processes and techniques; and recommending actions.
Applies and leads continuous improvement initiatives to improve efficiency of systems and processes within the division and/or with corporate and customer involvement. Recommends actions by analyzing and interpreting data and making comparative analyses. Analyzes proposed changes in methods and materials.
Analyzes actual manufacturing costs and prepares periodic reports comparing standard costs to actual production costs.
Provides management with reports specifying and comparing factors affecting prices and profitability of products or services. Regularly informs and consults with top management regarding negotiating strategies for large or new business proposals.
Maintains customer confidence and protects operations by keeping financial information confidential.
Maintains professional and technical knowledge by attending educational workshops, reviewing professional publications establishing professional networks, and/or participating in professional societies.
Acts as consultant to management on major matters. May provide leadership to others in related functions or to business or ad-hoc teams. Leads pricing team in responding to government and customer audits. Actively leads and supports process improvement projects. May act as functional expert. Establishes goals and objectives required to complete projects. Identifies mentoring needs. Trains and mentors less experienced employees. Shares specialized knowledge with others. Represents company on specific projects. Represents the division pricing team in interdivisional projects and analyses. Contributes to team effort by accomplishing related results as needed. Work assignments may include cross-functional or project team responsibilities (e.g. continuous improvement)
Education and Experience
Bachelors degree (BA) in Accounting, Business, or related field, or an equivalent combination of education and experience which has provided both theoretical and practical knowledge in the field. Demonstrated ability to perform the essential functions of the job typically acquired through eight or more years of related experience.
Knowledge, Skills and Abilities
Advanced knowledge of accounting principles, laws, and regulations, including Cost Accounting Standards (CAS) and/or Federal Acquisition Regulations (FAR). Advanced knowledge of manufacturing, engineering, fabrication and assembly methodology and associated processes. Ability to effectively assess, lead, and implement continuous improvement in critical and/or high-impact areas. Proficient with automated estimating, pricing, and accounting systems, spreadsheet and database applications, and standard business applications software. Ability to read, analyze, organize, and interpret specialized, diverse, and complex estimates, price proposals, and financial reports. Ability to write reports and business correspondence. Ability to effectively communicate and present information to team members, team leaders, and top management. Ability to respond to inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to effectively demonstrate team member competencies and participate in goal-setting, performance feedback, and self-development activities.
TYPICAL MENTAL AND PHYSICAL DEMANDS
While performing the duties of this job, the employee is required to sit. The employee frequently is required to use hands to operate a computer. The employee is occasionally required to stand, walk, and talk or hear. Specific vision abilities required by this job include close vision. Also expected of the employee is regular attendance, the ability to work cooperatively and professionally with others and members of the public, and ability to manage multiple tasks at once. (The essential functions have been provided as examples of types 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 of the job. The physical and mental demands described above are representative of those required to successfully perform the essential functions of this job.)
This role is subject to compliance with the International Traffic in Arms Regulations (ITAR) and the Export Administration Regulations (EAR), which requires the incumbent to be either a US citizen, lawful permanent resident [“green card” holders].
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 toKnow Your Rights: Workplace Discrimination is Illegal (eeoc.gov) (https://www.dol.gov/sites/dolgov/files/OFCCP/regs/compliance/posters/pdf/22-088_EEOC_KnowYourRights-ScreenRdr.pdf) andGenetic Information Discrimination (https://www.eeoc.gov/genetic-information-discrimination)
