Parker Leadership Development Program - Strategic Pricing

BASIC FUNCTIONS:

Parker's Strategic Pricing Leadership Development Program (SPLDP) offers you the opportunity to develop strong technical knowledge and professional experience preparing you to play a crucial role in Parker's success by helping to win more business at prices that are fair, profitable, and differentiated.

At Parker, we believe in professional and personal development and that is why you will constantly have access to on-going development opportunities through formal trainings, on-the-job experiences, or coaching and mentoring from other professionals from the organization. Join us in this program as multiple others before you who are now evolving in roles such as Division or Group Strategic Pricing Leaders.

• Program duration: 2 years
• Program Structure: 4 rotational assignments
• Rotations' length: 6 months each.
• Travel requirements: The assignments will likely require relocation. You will also be required to travel to Parker's corporate headquarters in Cleveland, Ohio for program review, personal development and interaction with fellow program participants and mentors.
• Relocation requirements: Geographic flexibility is required both during and upon completion of the program.
• This is not a remote position.

What kind of compensation is offered?

• A competitive salary
• A broad benefits package, including medical, dental, vision, life, and disability insurance
• A 401(k) savings plan
• All company travel expenses
• Relocation is paid by the company

POSITION SUMMARY:

A two-year Leadership Development Program to prepare new team members for future positions in Pricing at Parker locations. Assist Division Strategic Pricing Manager. Responsible for proactively analyzing and making recommendations considering customer value-based marketing, competitive markets, and company costs affecting the business plans and profitability across the Division. Will collect, analyze, and evaluate data supporting Division's price strategy

• Assists in analyzing division product markets, determining the market level prices of products. Evaluates cause and effect with pricing, volume, cost, competition, distribution and segmentation. Recommends appropriate levels.
• Monitors and keeps Divisions focused on Corporate Strategic Pricing initiatives. Responsible for creating and reinforcing continuous feedback vehicles to encourage successful pricing models. Responsible for implementation of tools to be used by product managers and field sales.
• Assists Divisions in determining appropriate list prices, standard discounts and rebates, and managing any restructuring, updating, communication and publication of price increases.
• Analyzes the exception pricing process by recommending guidelines, authority levels, and maintaining a disciplined and structured approach to exception pricing.
• Provides management with reports which allow management to effectively respond to changing economic conditions and market changes. Performs ongoing measurements and reporting on pricing effectiveness.

To join this program, you need to meet or exceed the following criteria:

• Undergraduate Degree in an applicable Business program with a graduation date before June 2024.
• BS in Business, Marketing, or related field preferred; two years or more of relevant experience a plus.
• Strong analytical and quantitative skills. Proficiency with Microsoft Excel required.
• Excellent written, verbal and presentation skills.
• Project management skills with sales/marketing/commercial experience a plus.
• Willingness to relocate every six (6) months required.
• Must be able to maintain customer confidence and protect operations by keeping pricing information confidential.
• 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] or have refugee or asylee status).

Additional Comments: The essential functions have been provided as examples of the type 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. The job description is not intended to be an all-inclusive list of duties and responsibilities. It is intended to describe the general nature of the position.

Founded in 1917, Parker Hannifin Corporation is a $15 billion, global company.

With annual sales of over $15 billion in fiscal year 2022, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company has operations in 45 countries around the world. Parker has increased its annual dividends paid to shareholders for 66 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index.

Parker's engineering expertise and broad range of core technologies uniquely positions the company to solve some of the world's greatest engineering challenges. By partnering with customers, Parker improves their productivity and profitability and seeks new ways to solve humanity's biggest challenges.

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 http://www.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf
and
http://www1.eeoc.gov/employers/upload/eeoc_gina_supplement.pdf

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.