Cost/Price Analyst

Are you a detail-oriented individual with strong analytical skills? Are you looking for a challenging and rewarding career in the manufacturing industry? Look no further, as Parker Hannifin is seeking a Cost/Price Analyst to join our team! In this role, you will be responsible for analyzing and monitoring the cost and pricing of our products to ensure competitiveness in the market. As a vital member of our team, you will have the opportunity to make a significant impact on our company's bottom line. If you have a passion for numbers and a desire to contribute to a dynamic and innovative company, we want to hear from you! Keep reading to learn more about the qualifications we are looking for in a Cost/Price Analyst at Parker Hannifin.

1. Conduct cost and pricing analysis on our products to ensure competitiveness in the market.
2. Monitor and track changes in market trends and pricing strategies of competitors.
3. Analyze data and provide recommendations for cost reduction and pricing strategies.
4. Collaborate with cross-functional teams including sales, finance, and production to gather necessary information for cost and pricing analysis.
5. Develop and maintain pricing models and databases for accurate analysis and reporting.
6. Conduct regular audits to ensure accuracy and consistency of cost and pricing data.
7. Identify and communicate potential risks and opportunities to management for effective decision making.
8. Stay updated on industry trends and regulations to ensure compliance in cost and pricing strategies.
9. Participate in contract negotiations with suppliers and customers to secure favorable terms.
10. Prepare reports and presentations to present cost and pricing analysis findings to management.
11. Continuously analyze and evaluate cost and pricing strategies for continuous improvement.
12. Train and mentor junior analysts in cost and pricing analysis techniques and processes.
13. Adhere to company policies and procedures and maintain confidentiality of sensitive information.
14. Collaborate with cross-functional teams to implement cost and pricing initiatives and strategies.
15. Stay updated on technological advancements and recommend tools and systems to streamline cost and pricing analysis processes.

According to JobzMall, the average salary range for a Cost/Price Analyst in Irvine, CA, USA is $70,000-$90,000 per year. This may vary depending on the specific company, industry, experience, and skills of the individual. Some companies may offer higher salaries for candidates with advanced degrees or specialized certifications. Additionally, other factors such as bonuses, benefits, and cost of living in the area may also impact the salary range.

Parker-Hannifin Corporation, originally Parker Appliance Company, usually referred to as just Parker, is an American corporation specializing in motion and control technologies.