Pricing Analyst II

About the role

Position Summary The Pricing Analyst II is an experienced professional responsible for independently performing pricing analysis, developing recommendations, and supporting strategic pricing initiatives. This role partners with management and cross-functional teams to evaluate market dynamics, customer value, competitive positioning, cost drivers, and profitability to improve pricing performance across the division or business unit. 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 breakthroughs that improve lives, strengthen communities and create a brighter future. Our Purpose — Enabling Engineering Breakthroughs that Lead to a Better Tomorrow — comes to life through our people-first culture where teamwork drives performance, inclusion fuels innovation and growth is encouraged. This environment fosters collaboration and empowers team members from engineering and manufacturing to finance, supply chain, human resources, information technology and beyond. By combining deep expertise with an entrepreneurial spirit, we help customers succeed in markets that demand performance, reliability, and sustainability. As we look to the future, Parker is advancing initiatives in energy efficiency and sustainability while developing the next generation of talent and leaders to engineer a better tomorrow.

Responsibilities

• Lead or support improvements to pricing processes, systems, dashboards, and reporting tools to improve speed, accuracy, consistency, and margin performance.
• Partner with cross-functional teams to define requirements and support deployment of pricing analytics and tools.
• Conduct product, customer, market, and competitive analyses to recommend floor and ceiling prices based on value, cost, portfolio strategy, and market conditions.
• Evaluate pricing drivers including volume, cost, competition, channel, segmentation, product lifecycle stage, and profitability.
• Translate analysis into clear, data-driven pricing recommendations for division, product, sales, or business unit leadership.
• Support corporate and division pricing initiatives by monitoring compliance, identifying gaps, and recommending corrective actions.
• Maintain and improve feedback mechanisms that measure pricing effectiveness and inform pricing model refinements.
• Develop and maintain pricing tools, templates, and guidelines used by product managers, sales teams, and business leaders.
• Advise on list price structures, standard discounts, rebates, and price increase activities.
• Analyze exception pricing activity and recommend improvements to guidelines, approval levels, and governance