Parker Hannifin

Product Line Business Manager - Inerting / Fuel - Fluid Systems Division

Parker Hannifin • $140K — $246K *
Irvine, CA 92620In-Person
Aerospace & Defense
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Engineering, or related field; MBA preferred.
  • 10+ years of experience in product management, business leadership, or related roles with significant product portfolio oversight.
  • Proven leadership of teams and complex cross-functional initiatives, with prior people management experience.
  • Demonstrated success in managing P&L, program cost, strategic planning, and customer relationships.
  • Strong analytical and problem-solving skills, proficiency in Microsoft Office and CRM tools like Salesforce.

Responsibilities

  • Own product line P&L and drive business performance.
  • Develop and implement product, pricing, and market strategies for growth.
  • Lead strategic planning, forecasting, and portfolio prioritization based on market trends.
  • Manage the product life cycle from concept to end-of-life.
  • Translate customer needs into business priorities and manage commercial issues.
  • Ensure cross-functional collaboration to meet quality and delivery commitments.
  • Direct major proposals and new product launches aligned with market needs.

Benefits

  • Comprehensive medical, dental, and vision coverage with competitive premiums.
  • 401(k) plan with matching contributions and defined-contribution retirement plan.
  • Career development support and tuition reimbursement options.
  • Paid parental leave and other family assistance programs at no cost.
  • Generous paid time off and company holidays.
Full Job Description
Position Summary

SUMMARY:

The Product Line Business Manager (PLBM) provides senior business leadership and end-to-end ownership for assigned product lines. The role combines product line strategy, P&L accountability, program execution, customer leadership, forecasting, and people leadership to deliver profitable growth and operational performance. The PLBM leads a cross-functional business team, serves as a key escalation point to division leadership, and develops strategic objectives for existing and future products, customers, and markets.

SCOPE/SUPERVISION AND INTERACTION:

__X__ Has Direct Reports ____ Does Not Have Direct Reports

Leads direct reports that may include Product Line Managers, Program Managers, with dotted-line to supporting functions as applicable.

ESSENTIAL FUNCTIONS:

  • Own product line P&L and business performance, including revenue, bookings, margin, inventory, forecast accuracy, cost, schedule, and achievement of strategic objectives.
  • Develop and execute product, pricing, promotion, customer channels, and market strategies that drive profitable growth and margin expansion.
  • Lead strategic planning, annual and long-range forecasting, budgeting, portfolio prioritization, and business plans based on customer needs, market trends, competitive activity, and financial opportunities.
  • Own the complete product life cycle and portfolio roadmap from concept and new product development through launch, growth, simplification, maturity, and end-of-life.
  • Translate customer and market requirements into product and business priorities; consult with current and prospective customers and serve as a senior escalation point for customer, commercial, and program issues.
  • Lead cross-functional execution to meet customer, quality, cost, delivery, schedule, regulatory, and business commitments; monitor performance and drive corrective actions when required.
  • Direct major proposals, business cases, new product launches, and growth initiatives; align Engineering and other functions to market needs and investment priorities.
  • Drive portfolio complexity reduction, Simple by Design, product cost-out, inventory improvement, pricing actions, and continuous improvement using Parker Operating Principles.
  • Monitor competitors, customer scorecards, market dynamics, and strategic positioning; convert insights into commercial and portfolio actions.
  • Lead organizational and program readiness for key customer and business requirements, including risk identification, mitigation, and cross-functional follow-through.
  • Build and develop a high-performing team through coaching, performance management, talent development, and effective collaboration across functions.

JOB REQUIREMENTS:

  • Bachelor's degree in Business, Engineering, Engineering Technology, or a related discipline; MBA preferred.
  • 10+ years of progressive professional experience in product management, business leadership, program management, business development, or related functions, including significant product portfolio responsibility.
  • Demonstrated leadership of teams and complex cross-functional programs; prior people-management experience required.
  • Demonstrated success managing P&L/business performance, program cost and schedule, strategic planning, forecasting, and customer relationships.
  • Strong understanding of product and manufacturing technology, business systems, financial controls, contractual terms, and regulatory requirements.
  • Strong analytical, problem-solving, organizational, communication, presentation, and influencing skills; proficiency with Microsoft Office and CRM tools such as Salesforce.
  • Ability to manage multiple priorities and travel up to 25%

KEY PERFORMANCE INDICATORS:
  • Financial Performance: Revenue, margin expansion, P&L
  • Operational Performance: Forecast accuracy, inventory, and delivery (OTR/TTA/TTR as applicable).
  • Commercial Performance: Bid/Win Ratio, strategic positioning, and customer scorecards
  • Program cost/schedule performance and new product launch performance versus business case.
  • Portfolio Performance: Product portfolio complexity reduction, Simple by Design/product cost-out, Sales Price Index, Product Vitality Index, and other division-defined business measures.
Pay, Benefits, Work Schedule

Competitive Compensation
  • Pay Range: $140915 to $246685 annually
  • Participation in Annual Incentive Program
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.
  • 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.
  • Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
  • Paid Time Off and Company-Paid Holidays.

About Parker Hannifin

Parker Hannifin is a diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of commercial, mobile, industrial, and aerospace markets. They are also demonstrating how their interconnected portfolio of motion and control technologies is critical to enabling a cleaner and sustainable world.

Parker Hannifin Careers

Join the vibrant team at Parker Hannifin, a global leader in motion and control technologies, and be part of a company known for its innovative approach and commitment to excellence. At Parker Hannifin, we offer a wide range of job opportunities that allow professionals to advance their careers in an environment that fosters growth, leadership, and diversity.

Work You’ll Do

At Parker Hannifin, every position contributes to our mission of solving the world’s greatest engineering challenges. Our team is composed of highly skilled professionals dedicated to pushing the boundaries of technology and innovation. Whether you are looking for a full-time position, an internship, or a leadership role, Parker Hannifin has a place for you.

Innovate and Lead

Embrace the opportunity to lead projects that redefine industry standards. Parker Hannifin is at the forefront of technological innovation, and our employees are the driving force behind our success. With a culture that values diversity and creative problem-solving, you will work alongside some of the brightest minds in the industry.

Grow Your Career

Parker Hannifin is committed to the professional growth of our employees. With comprehensive training programs and a focus on career development, we ensure that our team members have the resources they need to succeed. Our commitment to professional development is matched by our dedication to promoting from within, providing a clear path for career advancement.

Be Part of a Great Team

Our team at Parker Hannifin is our greatest asset. We pride ourselves on a culture that promotes teamwork, respect, and collaboration. With a global network of professionals, the opportunities for networking and cross-functional collaboration are vast. Join us and be part of a team that is making a difference in the world.

Benefits and Culture

Parker Hannifin offers a competitive benefits package that supports the health, well-being, and financial security of our employees and their families. From health insurance to retirement plans, we provide the benefits that help you live a healthier and more secure life. Our inclusive culture encourages involvement and offers various channels for employees to express their ideas and insights.

Explore Job Opportunities

Are you ready to take the next step in your career? Explore the exciting job opportunities at Parker Hannifin. From engineering to marketing, and from sales to customer service, we have positions that match a wide range of skills and interests. - **Search Parker Hannifin Jobs**: Find open positions that align with your skills and career goals. We are continuously hiring and looking for new talent to join our dynamic team. - **Prepare Your Application**: Tailor your resume and prepare for your interview with us. Show us how your experience and skills make you the perfect fit for Parker Hannifin. - **Internship Programs**: Gain hands-on experience and build your professional network through our internship programs. These opportunities are designed to give you a solid foundation in your chosen field.

Stay Connected

- **Join Our Team**: Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. - **Career Development**: Engage in ongoing learning and development programs to enhance your skills and boost your career prospects. - **Job Alert Emails**: Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Parker Hannifin. At Parker Hannifin, we are not just offering jobs; we are offering careers that make a global impact. Join us and be part of a legacy of leadership, innovation, and diversity.
Learn more about Parker Hannifin
Size
54,640 employees
Market Cap
$37.5 billion
Industry
Manufacturing & Automotive
Net Income
$1.4 billion
Founded
1918
5 Year Trend
+5.7%
Revenue
$13.5 billion
NASDAQ
PH
* Ladders Estimates

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