Cost/Price Analyst Sr

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 diverse and complex historical and estimated cost and pricing data. Prepares and analyzes production cost performance data. Utilizes diverse and complex databases, program knowledge, and historical data to prepare bids and cost proposals that are economically feasible and competitive. Performs risk analyses and negotiates business proposals.

Responsibilities

* Determines cost of diverse and complex products and services by collecting historic and estimated operational data to provide 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.

* Identifies factors required to provide cost and price information data. Provides analyses of cost data and makes recommendations to management regarding price. Analyzes varied and complex cost data to determine projected profits or potential losses. Performs risk analysis as needed.

* Represents the company in contract negotiations by providing information and influencing the process in the best business interest of the company. Promotes the company's best interests by maintaining profitability targets and direction.

* 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 diverse and complex information and trends.

* Guides cost analysis process by providing information on trends and forecasts; explaining processes and techniques; and recommending actions.

* Applies continuous improvement techniques and methods to internal processes and systems. May lead or be assigned to a special project team.

* Recommends actions by analyzing and interpreting data and making comparative analyses. Analyzes proposed changes in methods and materials. Provides make or buy analyses for major components.

* 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.

* Maintains customer confidence and protects operations by keeping financial information confidential.

* Maintains professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing networks, and/or participating in professional associations.

* May provide leadership to others in cost/price or related areas or on a business team. Acts as prime contact on high level projects. Establishes goals and objectives required to complete projects. Trains and mentors less experienced employees.

* Shares specialized knowledge with others. Represents company on high level projects and regular government audits of policies and procedures. 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).

Qualifications

* Bachelor's degree (BA) in Accounting, Business Administration, or a related field, 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 six or more years of related experience.

* Thorough knowledge of accounting cost estimating and pricing principles.

* Knowledge of laws and regulations, including Cost Accounting Standards (CAS) and/or Federal Acquisition Regulations (FAR) preferred.

* Knowledge of industry practices, regulations, and policies preferred.

* Ability to effectively assess and implement continuous improvement principles and techniques.

* Proficient with automated estimating, pricing, and accounting systems, pricing spreadsheet and database applications, and standard business applications software.

* Ability to read, analyze, organize, and interpret complex estimates, pricing proposals, and financial reports. Ability to write reports and business correspondence.

* Ability to respond to questions from management and customers, and 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 demonstrate team member competencies and participate in goal-setting, performance feedback, and self-development activities.

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:

Health and Well-being:

* Our benefits start on day 1 of employment! We offer comprehensive medical, dental, and vision coverage from day one, including Health Savings and Reimbursement Accounts.
* Wellness incentive credits leading to reduced healthcare premiums.
* Access to Employee Assistance Program (EAP) for health and well-being support.
* Access to multiple dental plan options and vision coverage.
* Flexible Spending Accounts for both Childcare and Healthcare expenses as well as optional Supplemental Medical Benefits.
* Reduced healthcare premiums offered with a wellness incentive credit.
* Company provided Life Insurance
* Accidental Life & Dismemberment Insurance, Short Term and Long-Term Disability insurance. Additional supplemental benefits include legal protection plan, pet insurance coverage options, and identity-theft protection.

Financial Security and Growth:

* Competitive salary with an annual bonus incentive plan.
* 401k Employer match up to 5% and an annual Retirement Income Account (RIA) contribution of 3%. Overall, 8% company match.

Time Away & Work-life Balance:

* Accrued generous Paid Time Off.
* Up to 15 paid holidays per calendar year.
* Parental Leave: 4 weeks at 100% pay for new family additions.
* Extras like Adoption Assistance, financial guidance resources, paid jury duty, bereavement time, and time off for citizenship testing, marriage, and birth.

Career Advancement and Education:

* Career development opportunities with up to $10,000 tuition reimbursement per year.
* Support for ongoing education through our Educational Reimbursement program.

Parker Purpose Opportunities (Social Responsibility):

* Business Resource Groups promoting diversity, equity, and inclusion.
* Engagement activities celebrated throughout the year. Examples include Internal Career Day, FYE Celebration, anniversary recognition events, employee appreciation week, veteran appreciation, and more!
* Must be an innovator and embrace lean enterprises principles and practices.

Additional Benefits:

* Employee discounts on various services (car purchases, computer purchases, life adventures, etc.).
* Employee Referral program - Refer a family member or friend and receive a generous award for referrals that are hired (up to $4,000).
* Dress for Your Day policy, offering flexible work attire options.
* A free, on-site, 24-hour Fitness Center available to all active Team Members.
* Grab a bite to eat at the on-site cafeteria that provides a wide array of breakfast, lunch, and snacks. We also have vending machines available during scheduled breaks and lunch periods.

***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. 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 to Employees & Job Applicants | U.S. Equal Employment Opportunity Commission