Portfolio Health & Optimization Manager

Job Description:

Portfolio Health & Optimization Manager

Chicago IL

Office-based

The Portfolio Health & Optimization Manager will play a critical role in shaping the long-term health competitiveness & growth for the Marks Snacking Confectionary portfolio. Sitting at the intersection of portfolio strategy innovation & life cycle management consumer & market insights and long-range planning this role will translate growth amotions into actionable portfolio choices.

This Portfolio Health & Optimization Manager will lead to the assessment of portfolio health and innovation sufficiency identifying where the portfolio has the right offerings to deliver future growth and where gaps overlaps or under-performing areas require intervention. Through long-term portfolio forecasting innovation pipeline assessment and assortment optimization the Portfolio Health & Optimization Manager will help ensure Mars is building the right portfolio for the future.

The successful candidate will combine strategic thinking with strong analytical capabilities financial acumen and operational focus to develop clear recommendations that strengthen the portfolio and unlock sustainable growth.

What are we looking for

• Bachelors degree in marketing Business Strategy Finance or related field; MBA degree preferred.
• 4 years of progressive experience in CPG ideally across Portfolio Strategy Brand Management Category Management Strategic Planning or Finance/Revenue Growth Management.
• Strong strategic & analytical capabilities with the ability to translate complex consumer market financial and portfolio data into clear business recommendations.
• Experience assessing portfolio performance innovation pipelines assortment productivity or long-term growth plans.
• Strong Excel and presentation skills
• Previous experience with Forecasting
• Demonstrated ability to influence and align stakeholders across highly cross-functional matrixed organizations. Comfortability with senior leadership.
• Highly curious and forward-looking with the ability to challenge existing assumptions and connect todays portfolio choices with growth ambition.
• Comfortable navigating ambiguity and balancing consumer opportunity business performance strategic priorities and operational considerations.

What would be your key responsibilities

Long-Term Portfolio Planning

• Lead portfolio inputs into long-term planning translating enterprise growth ambitions into clear portfolio actions opportunities and risks.
• Assess the future portfolio against strategic growth objectives to identify where shifts in portfolio mix innovation assortment or investment may be required.
• Integrated consumer category competitive brand financial & operational perspectives to develop holistic view of future portfolio health.
• Identify emerging portfolio gaps and opportunities and translate them into actionable recommendations for long-term portfolio evolution.
• Crystalize clear measures of portfolio health and use them to monitor whether the portfolio is progressing against long-term strategic ambition

Innovation Sufficiency & Portfolio Pipeline

• Evaluate innovation against identified portfolio gaps and strategic growth spaces to determine where additional innovation or intervention may be required.
• Partner with brand teams insights finance R&D and other cross-functional teams to connect innovation plans with future portfolio needs.
• Evaluate innovation performance and translate learnings into recommendations that strengthen future pipeline decisions.
• Provide a portfolio-level perspective that helps identify potential gaps overlaps or imbalances across brands segments growth spaces and innovation horizons.

Portfolio Health & Assortment Optimization

• Leading ongoing assessment of portfolio and assortment health (i.e. sku rationalization) to identify opportunities to strengthen productivity relevance profitability and sustainable growth.
• Analyze portfolio performance gaps duplication fragmentation underperforming SKUs and opportunities to scale larger parts of the portfolio.
• Work with cross-functional teams to assess the strategic role of products within the broader portfolio balancing consumer and shopper needs brand strategies financial performance and operational complexity.
• Drive consistent approach for evaluating portfolio additions and exits to ensure assortment choices strengthen the overall portfolio rather than increase unnecessary complexity.

Portfolio Health & Insights Governance

• Create clear compelling portfolio narratives and recommendations for senior leadership to support strategic prioritization and decision-making.
• Establish consistent portfolio health reviews that connect long-term ambition innovation sufficiency current assortment performance and future portfolio actions.
• Act as a strategic connector across functions ensuring portfolio decisions are fact based and are aligned to long-term Confectionary objectives.

What can you expect from Mars

• Work with over 130000 with diverse and talented Associates all guided by The Five Principles.
• Join a purpose driven company where were striving to build the world we want tomorrow today.
• Best-in-class learning and development support from day one including access to our in-house Mars University.
• An industry competitive salary and benefits package including company bonus.

Mars does not sponsor visas for this role.

The base pay range for this position at commencement of employment is between the range listed below however base pay offered may vary depending on multiple individualized factors including but not limited to job-related knowledge skills and total compensation package for this position will include variable pay medical and dental benefits participation in 401k plan and paid time off of participation in these benefit plans will be provided if an applicant receives an offer of employment.