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about 1 year ago
Parker Aerospace
Location: United States
Job type: Permanent
Sector: Business & Administration
Category: Senior Manager

Founded in 1918, Parker Hannifin Corporation is an $11 billion, global company.

With annual sales of $11 billion in fiscal year 2016, 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 50 countries around the world. Parker has increased its annual dividends paid to shareholders for 60 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.

About Parker Aerospace. Parker Aerospace is a global leader in the research, design, integration, manufacture, certification, and lifetime service of flight control, hydraulic, fuel and inerting, fluid conveyance, thermal management, lubrication, and pneumatic systems and components for aerospace and other high-technology markets. The company supports the world’s aircraft manufacturers, providing a century of experience and innovation for commercial and military aircraft.


Position Summary:
The Project Planning & Control Cost Specialist is responsible for support of planning, scheduling, cost, and change control process implementation on unique and/or non-routine development projects and programs. Works within the Program Management Office (PMO) and is assigned to projects or programs to establish cost accounts for cost analysis and reporting. Monitor and analyze project metrics, including but not limited to: risk, cost, schedule, resources, and project changes. Facilitates project communications at all organizational levels through progress/performance reporting. As described by AGS PRM-01 (Program Management Policy).

Scope/Supervision and Interaction:
Does not have direct reports.
Individual contributor at an expert level on a project or program team. Has frequent and regular interaction with functional management and identified internal resources. Frequent contact with customers or suppliers.

Essential Functions:
1. Sets up the cost control system on unique and non-routine development projects and programs. Monitors, validates, and controls costs via schedule data and completes variance analysis. Identifies trends impacting project performance and isolates variance root cause.

2. Performs analyses and creates customized reports to ensure that contracts are within negotiated project management related parameters. Analyzes varied and complex cost data to determine projected overruns or shortfalls to the project baseline.

3. Takes initiative to recommend and implement actions based on interpreting data and projecting impact of alternative solutions. Advises project and functional management on actions taken and potential consequences.

4. Prepares and implements project plans with cross-functional inputs to ensure program requirements and statement of work are fulfilled. Performs frequent and detailed schedule risk assessments to identify and mitigate project cost overruns and scheduling risks.

5. Incorporates contractual changes directly into the project control system by evaluating work to be completed against each contract compared to budgeted development cost and schedule baselines.

6. Advises functional teams and influences resource allocation decisions by providing guidance and solutions based on an integrated master project schedule(s).

7. Serves as a key contributor for program reviews and customer meetings.

8. In conjunction with the Project Manager ensures project compliance with applicable regulations (e.g. FAA, FAR) using a compliance matrix and reviewing with contract administration as needed. Takes necessary steps to safeguard company proprietary or competitive information.

9. Initiates appropriate business correspondence and documentation to ensure accurate records of program compliance.

10. Maintains knowledge of current project management and industry standards. Shares specialized knowledge with others. Assigned to provide orientation and to mentor new employees.


• Bachelors degree in Engineering, Sciences, Business or a related program field. Certified Associate in Project Management (CAPM) certification required, typically within 6 months of assignment; PMI-BPA or PMP certification is strongly preferred.

• Demonstrated ability to perform the essential functions of the job typically acquired through eight or more years of related work experience in project management focusing on cost analysis or Earned Value Management Systems (EVMS).

• Advanced proficiency with Earned Value cost management tools; preferrabily PRISM G2, Primavera, and/or Project Server/Project Online and other related business related software such as the MS Office Suite.

• Thorough understanding, proficiency and a subject matter expertise in project management with the ability to apply in-depth and comprehensive knowledge of project management tools and techniques including: scheduling, cost management, change control, time management, scope and resources, work breakdown structures, risk management, and contracts.

• Specialized knowledge of Aerospace customers, products, technology and processes. Ability to investigate and draw on past practices to develop innovative approaches for new programs.

• Ability to work on complex and/or undefined problems and to quickly identify and address critical issues.

• Able to communicate effectively at all organizational levels and present status, action, recommendations, and other detailed project information. Responsive to inquiries from other functional teams and leaders.

Equal Employment Opportunity

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/Permanent Resident is required for this position.

(“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 javascript:void(0);

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