Portfolio Manager - Services

Honeywell INC.; Houston (TX); On-site; USD 150,000 - 170,000; Full time

Benefits offered by this job

Medical

Dental

Vision

Life Insurance

Disability (Short/Long-Term)

401(k) match

Flexible Spending Accounts

Health Savings Accounts

EAP

Educational Assistance

Parental Leave

Paid Time Off

12 Paid Holidays

Job summary

Honeywell Sundyne is seeking an Aftermarket Portfolio Manager to drive growth and profitability of the Aftermarket business. You will lead the STRAP, develop new service models, and build an asset management platform to deliver recurring revenue and strengthen competitive advantage.

The role requires strategic planning, base analysis, VOC, pricing, and global collaboration with Sales, Engineering, and Finance.

Qualifications

• Bachelor’s degree in Mechanical Engineering, Business Administration, or related technical field; MBA or Master’s degree strongly preferred.
• 6+ years of progressive experience in product management, aftermarket strategy, or service business development, preferably in industrial rotating equipment.
• Demonstrated success leading business model transformation, service innovation, or digital/IoT platform initiatives in a B2B industrial or manufacturing environment.
• Strong analytical and strategic planning skills, with hands-on experience in installed base analysis, VOC, pricing strategy, STRAP development.
• Proven ability to lead cross-functional initiatives and influence stakeholders at all levels without direct authority.
• Excellent written and verbal communication skills with experience presenting to executive audiences.
• Willingness to travel domestically and internationally as required (approximately 20-30%).

Responsibilities

• Lead the development and execution of the Aftermarket strategic plan (STRAP), embedding business model transformation initiatives to evolve from traditional transactional models to high-value service and digital solutions.
• Perform detailed installed base analysis, including customer capture rates, segmentation, trends, and growth drivers to identify opportunities for aftermarket parts, service, and repair revenue expansion.
• Plan and execute Voice of the Customer (VOC) programs to understand customer requirements, pain points, and buying journeys across aftermarket parts, service, repair, and emerging service/digital offerings.
• Develop and institutionalize standard work processes and playbooks to systematically identify and maximize capture of opportunities within the global equipment installed base.
• Spearhead business model transformation by defining, piloting, and scaling new service models (e.g., predictive maintenance, outcome-based services, and subscription offerings) and by owning the business case, requirements definition, and go-to-market strategy for a new asset management platform.
• Develop, maintain, and execute a comprehensive product and service roadmap that supports aggressive growth and margin expansion goals while accelerating the shift to a more resilient, service-centric business model.
• Lead end-to-end pricing strategy development, value-based pricing implementation, governance, and performance reporting aligned with site-specific margin expansion targets.
• Partner cross-functionally with Sales, Aftermarket Service Operations, Engineering, Digital/IT, Finance, and Marketing to ensure strategic alignment, resource prioritization, and flawless execution of transformation programs.
• Define, track, and report on key aftermarket KPIs and leading indicators, including revenue growth, gross margin, capture rate, customer retention, and adoption of new service models. Provide actionable insights and recommendations to senior leadership.

Skills

Product management

Aftermarket strategy

Service business development

Strategic planning

VOC

Pricing strategy

STRAP development

Installed base analysis

Cross-functional collaboration

Executive communication

Education

Bachelor’s degree in Mechanical Engineering

MBA or Master’s degree

Job description

Job Description

The Aftermarket Portfolio Manager will drive the growth and profitability of the Aftermarket business, one of Honeywell Sundyne's primary growth value drivers. This role leads the development and execution of a comprehensive Aftermarket strategic plan (STRAP). Key elements include driving improved customer capture rates, establishing innovative new service models and building an integrated asset management platform to deliver greater customer value, increase recurring revenue, and strengthen long-term competitive advantage in support of Sundyne's strategic objectives.

KEY RESPONSIBILITIES

• Lead the development and execution of the Aftermarket strategic plan (STRAP), embedding business model transformation initiatives to evolve from traditional transactional models to high-value service and digital solutions.
• Perform detailed installed base analysis, including customer capture rates, segmentation, trends, and growth drivers to identify opportunities for aftermarket parts, service, and repair revenue expansion.
• Plan and execute Voice of the Customer (VOC) programs to understand customer requirements, pain points, and buying journeys across aftermarket parts, service, repair, and emerging service/digital offerings.
• Develop and institutionalize standard work processes and playbooks to systematically identify and maximize capture of opportunities within the global equipment installed base.
• Spearhead business model transformation by defining, piloting, and scaling new service models (e.g., predictive maintenance, outcome-based services, and subscription offerings) and by owning the business case, requirements definition, and go-to-market strategy for a new asset management platform.
• Develop, maintain, and execute a comprehensive product and service roadmap that supports aggressive growth and margin expansion goals while accelerating the shift to a more resilient, service-centric business model.
• Lead end-to-end pricing strategy development, value-based pricing implementation, governance, and performance reporting aligned with site-specific margin expansion targets.
• Partner cross-functionally with Sales, Aftermarket Service Operations, Engineering, Digital/IT, Finance, and Marketing to ensure strategic alignment, resource prioritization, and flawless execution of transformation programs.
• Define, track, and report on key aftermarket KPIs and leading indicators, including revenue growth, gross margin, capture rate, customer retention, and adoption of new service models. Provide actionable insights and recommendations to senior leadership.

Qualifications

YOU MUST HAVE

• Bachelor's degree in Mechanical Engineering, Business Administration, or a related technical field; MBA or Master's degree strongly preferred.
• 6+ years of progressive experience in product management, aftermarket strategy, or service business development, preferably in industrial rotating equipment (pumps, compressors, or similar mission-critical machinery).
• Demonstrated success leading business model transformation, service innovation, or digital/IoT platform initiatives in a B2B industrial or manufacturing environment.
• Strong analytical and strategic planning skills, with hands‑on experience in installed base analysis, VOC, pricing strategy, and STRAP development.
• Proven ability to lead cross-functional initiatives and influence stakeholders at all levels without direct authority.
• Excellent written and verbal communication skills with experience presenting to executive audiences.
• Willingness to travel domestically and internationally as required (approximately 20‑30%).

WE VALUE

• Experience in rotating equipment
• Experience in Refining and Petrochemical markets

BENEFITS OF WORKING FOR HONEYWELL

• employer subsidized Medical
• Dental
• Vision
• Life Insurance
• Short‑Term and Long‑Term Disability
• 401(k) match
• Flexible Spending Accounts
• Health Savings Accounts
• EAP
• Educational Assistance
• Parental Leave
• Paid Time Off (for vacation, personal business, sick time, and parental leave)
• 12 Paid Holidays

In addition to a competitive salary, leading‑edge work, and developing solutions side‑by‑side with dedicated experts in their fields, Honeywell employees are eligible for a comprehensive benefits package. This package includes employer subsidized Medical, Dental, Vision, and Life Insurance; Short‑Term and Long‑Term Disability; 401(k) match, Flexible Spending Accounts, Health Savings Accounts, EAP, and Educational Assistance; Parental Leave, Paid Time Off (for vacation, personal business, sick time, and parental leave), and 12 Paid Holidays. Learn more (https://benefits.honeywell.com/)

The annual base salary range for this position is $150,000 - $170,000. Please note that this salary information serves as a general guideline. Honeywell considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, key skills, as well as market and business considerations.

Honeywell considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, key skills, as well as market and business considerations.

The application period for the job is estimated to be 40 days from the job posting date; however, this may be shortened or extended depending on business needs and the availability of qualified candidates. Job Posting Date: 4 November 2026.

ABOUT HONEYWELL TECHNOLOGIES

Honeywell Technologies is a global, pure‑play automation company with a legacy of innovating to help solve the world's most mission‑critical challenges, enhancing the quality of life for people and communities around the world. We serve the building, industrial, and process sectors with a broad portfolio of services, solutions, and products, underpinned by our Honeywell Technologies Accelerator operating system and Honeywell Technologies Forge intelligence layer. By combining the deep domain expertise of our more than 50,000 employees with decades of data from our global installed base, we are uniquely positioned to lead the industrial sector's transition from automation to autonomy. Learn more (https://www.honeywell.com/us/en)

THE BUSINESS UNIT

The Performance Materials and Technologies (PMT) business unit at Honeywell is a global leader in advanced materials, process technologies, and automation solutions that serve diverse industries including refining, petrochemicals, and specialty chemicals. PMT focuses on delivering innovative technologies and services that improve operational efficiency, safety, and sustainability for our customers worldwide. Our portfolio includes catalysts, adsorbents, advanced fibers, and process technologies that enable customers to meet evolving market demands and environmental regulations.

Due to compliance with U.S. export control laws and regulations, candidate must be a U.S. Person, which is defined as, a U.S. citizen, a U.S. permanent resident, or have protected status in the U.S. under asylum or refugee status or have the ability to obtain an export authorization.

Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status.

About Us

Honeywell Technologies is a global, pure‑play automation company with a legacy of innovating to help solve the world's most mission‑critical challenges, enhancing the quality of life for people and communities around the world. We serve the building, industrial and process sectors with a broad portfolio of services, solutions and products, underpinned by our Honeywell Technologies Accelerator operating system and Honeywell Technologies Forge intelligence layer. By combining the deep domain expertise of our more than 50,000 employees with decades of data from our global installed base, we are uniquely positioned to lead the industrial sector's transition from automation to autonomy.