Senior Director Business Development

Mars; Chicago (IL); On-site; USD 193,000 - 265,000; Full time

Benefits offered by this job

Company bonus

Mars University access

Job summary

Mars Snacking seeks a Senior Director of Business Development to define and execute its long-term inorganic growth strategy. You will work with the SVP of Business Development and the Mars Snacking Leadership Team, guiding strategic projects across geographies and brands.

A strong background in finance, strategy, and M&A is essential. Responsibilities include leading live transaction work, developing business cases, and building an international network of potential partners or targets.

Qualifications

• Bachelors degree required; MBA preferred.
• Minimum 10 years in external/internal consulting, investment banking or related strategy/finance roles.
• Experience developing and executing strategic frameworks.

Responsibilities

• Define and execute Mars Snacking’s inorganic strategy with leadership.
• Lead ideation, development, and execution of strategic inorganic projects.
• Shape inorganic priorities across geographies, divisions, and brands.
• Develop business cases and projections for live transactions; support due diligence.
• Build a global network of potential partners or targets.
• Collaborate across Mars functions to deliver strategic support.

Skills

Strategic mindset

Project management

Analytical skills

Financial acumen

Communication skills

Travel willingness

Education

Bachelor's degree

MBA preferred

Job description

Job Description:

The Senior Director of Business Development at Mars Snacking is a key leader in defining and executing Mars Snacking’s long-term inorganic strategy. Working closely with the SVP of Business Development and interacting with the Mars Snacking Leadership Team, Mars Corporate colleagues, and other Mars functions, this person will leverage their deep understanding of strategy development to identify potential acquisitions, partnerships, joint ventures, and divestiture opportunities to drive growth and optimization of the Mars Snacking portfolio. This role has no direct reports. However, the role is a critical position supporting the SVP of Business Development by independently leading the execution of strategic projects, including leading Mars teams assigned to such projects.

What are we looking for?

• Minimum of a Bachelors degree. MBA preferred


• Minimum of 10 years of experience in external or in-house consulting, investment banking or other relevant finance or strategy role


• Strategic mindset with significant experience developing and executing strategic frameworks


• Strong project management skills


• Strong analytical and modeling skills


• Excellent financial acumen


• Demonstrated understanding and knowledge of the M&A environment and ideally of the categories in which Mars operates (CPG and services);


• Strong communication skills (verbal and written, up down and across the organization)


• Able to travel (minimum 20%)

What will be your key responsibilities?

• Together with the Mars Snacking Leadership Team, Corporate Development, and other key functions, Business Development will define and execute the implementation of Mars Snacking’s inorganic strategy


• This role supports the SVP of Business Development by independently leading the ideation, development, and execution of strategic inorganic projects, following governance processes and working closely with the Corporate Development team


• Together with other senior members of Mars Snacking, help lead the thinking for our inorganic strategic priorities across, geographies, divisions, and brands


• For live transactions, lead the development of the business case and projections, quantifying the opportunity that Mars Snacking will ultimately be responsible to deliver, as well as supporting ongoing due diligence efforts


• Partners with the SVP of Business Development to build and maintain a global network of contacts with up-and-coming new entrants to key Snacking categories as well as established players that may become future partners or acquisition targets


• Develop seamless connectivity across multiple Mars functions to ensure we are delivering best in class support and strategic advice to key stakeholders


• Contribute to the formal trainings for the team; and Participate to the recruiting efforts of the team

What can you expect from Mars?

• Work with over 130,000 diverse and talented Associates, all guided by The Five Principles.


• Join a purpose driven company, where we’re 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.

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 experience. The total compensation package for this position will include variable pay, medical and dental benefits, participation in 401k plan, and paid time off benefits. Details of participation in these benefit plans will be provided if an applicant receives an offer of employment.

The pay range shown is applicable to all US locations listed within the job posting:USD 192,560.00 - USD 264,770.00