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Associate Cost/Price Analyst - Fluid Systems Division

Parker Hannifin Corporation
parental leave, paid time off, paid holidays, tuition reimbursement, 401(k), retirement plan
United States, California, Irvine
14300 Alton Parkway (Show on map)
May 15, 2025
Job Description

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At Parker Aerospace, we develop technologies and innovative solutions that enable reliable, efficient and increasingly sustainable flight for the lifecycle of the aircraft, including aftermarket support. Our passionate people with deep engineering expertise, together with our breadth of differentiated technologies, ensure that we make the extraordinary happen and continue to shape the future of aviation in partnership with our customers.

As a member of our team, you are instrumental in fulfilling our mission: 'Enabling Engineering Breakthroughs that Lead to a Better Tomorrow.' Pursuing a career at Parker presents unlimited opportunities for both professional and personal development. Working with some of the most brilliant minds in the industry, your contributions will be pivotal in developing innovative technologies and products, significantly contributing to Parker's goal of addressing the world's most pressing engineering challenges. At Parker, our team members belong, matter and make a difference.

Position Summary:

Applies principles of cost accounting to collect and analyze historical and estimated cost and pricing data. Prepares bids and cost proposals that are economically feasible and competitive. Prepares and analyzes production cost performance data.

Essential Functions:

  • Determines cost of products and services by collecting historic and estimated operational data in order to provide cost information necessary for preparation and negotiation of proposals.
  • Develops cost proposal rationale, cost breakdowns, and supporting data consistent with customer and company requirements.
  • Provides internal organizations with cost and price information required to form business decisions. Coordinates with multiple teams to ensure relevance, completeness, and accuracy of data. May analyze standard cost data to determine projected profits or potential losses.
  • Identifies and resolves pricing and estimating issues to ensure accurate information is provided for proposals.
  • Prepares termination liability schedules, expenditure schedules, and small business plans.
  • 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 information and trends.
  • Analyzes actual manufacturing costs and prepares periodic reports comparing standard costs to actual production costs.
  • Maintains customer confidence and protects operations by keeping financial information confidential.
  • Participates in continuous improvement activities and provides suggestions for cost reduction and improved efficiency.
  • Maintains professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing networks, and/or participating in professional associations.
  • Contributes to team effort by accomplishing related results as needed. Work assignments may include cross-functional or project team responsibilities (e.g. continuous improvement).

Qualifications:

  • Bachelors degree (BA) in Accounting, Business Administration, Mathematics, or a related field, or an equivalent combination of education and experience which has provided both theoretical and practical knowledge in the field. Professional entry level position. May have limited prior industry experience or worked with direction in student internship programs.
  • Knowledge of key accounting principles and concepts including Cost Accounting Standards (CAS) and/or Federal Acquisition Regulations (FAR).
  • Basic understanding of continuous improvement techniques and methods.
  • Knowledge of automated accounting systems, spreadsheet and database applications, and standard business applications software.
  • Ability to read, analyze, organize, and interpret estimates, pricing, and cost financial data of a moderate scope.
  • 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 communicate and present information to team members, team leaders, and top management.
  • 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 and talk or hear. The employee is occasionally required to stand and walk.

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 the ability to manage multiple tasks at once.

We offer a comprehensive and competitive total compensation package.

Come join the Parker Aerospace Team! We are proud to offer competitive benefits designed with health, wealth and well-being in mind. Our competitive package includes: Please note that the salary range information is only applicable for California, Massachusetts, New York, Washington. Compensation is based on a variety of factors, candidate experience, qualifications, location as well as market and business considerations.

Competitive Compensation

  • Pay Range: $58,656/annually to $86,742.02/annually

Benefit & Retirement Plans

Parker offers competitive benefit programs, including:

  • Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost.
  • Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
  • 401(k) Plan with company matching contributions at 100% of the first 5% of pay
  • Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay
  • Career development and tuition reimbursement
  • Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.
  • Paid Time Off and 13 Company-Paid Holidays.

Drug-Free Workplace
In accordance with Parker's policies and applicable state laws, Parker provides for a drug-free workplace. Therefore, all applicants seeking employment with Parker will be subject to drug testing as a condition of employment.
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 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 http://www.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf and http://www1.eeoc.gov/employers/upload/eeoc_gina_supplement.pdf (06/20/2006) (C/O July 2015)

This position is subject to meeting U.S. export compliance and/or U.S Government contracting citizenship eligibility requirements.

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