Portfolio Health & Optimization Manager

mars; United States; On-site; USD 120,000 - 160,000; Full time

Job summary

Mars, Incorporated in Chicago, IL seeks a Portfolio Health & Optimization Manager to shape the long-term health, competitiveness, and growth for the Mars Snacking Confectionary portfolio. Office-based, 4+ years in CPG and strong analytical capabilities are essential.

You will lead long-term portfolio planning, assess gaps, and optimize assortment while partnering with cross-functional teams to drive sustainable growth and informed leadership decisions.

Qualifications

• Bachelor's degree in marketing, business, strategy, finance, or related field.
• MBA degree preferred.
• 4+ years in CPG across Portfolio Strategy, Brand Management, Category Management, Strategic Planning or Finance/Revenue Growth Management.
• Strong Excel and presentation skills.
• Experience forecasting.
• Demonstrated ability to influence and align stakeholders across highly cross-functional matrixed organizations.

Responsibilities

• 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.
• Partner with brand teams, insights, finance, R&D and other cross-functional teams to connect innovation plans with future portfolio needs.

Skills

Excel

Presentation skills

Forecasting

Stakeholder influence

Education

Bachelor's degree in Marketing/Business/Strategy/Finance

MBA preferred

Tools

Excel

Job description

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?

• Bachelor's 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 today's 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.

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