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Mars

Manager, Portfolio Strategy

Salary:  $108,160 – $148,720 per annum
Location:  USA-Illinois-Chicago | United States of America
Location flexibility:  1 office day / week, 2 office days / week, 3 office days / week, 4 office days / week
Hey there, we’re really sorry but this job is no longer available. Please take a look at our other roles, and check back again soon as we’re adding new roles all the time!

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Job Description

Job Description:

Manager, Portfolio Strategy

Chicago, IL

Office-based

The Manager, Portfolio Strategy is a high-impact strategic orchestrator tasked with identifying, designing, and launching growth initiatives to unlock massive volume and household penetration (HHP) growth across a multi-category portfolio.

Supporting the Line Manager directly, this role acts as an agile project leader driving critical, complex initiatives. These include identifying challenger brand strategies, clarifying the role of brands and portfolio architecture, improving innovation performance knowledge, optimizing investment allocation strategies, refining go-to-market (GTM) execution, and establishing best-in-class portfolio practices to secure our long-term competitive advantage.

What are we looking for?

  • Bachelor’s degree in Marketing, Strategy, Business Administration, or related field required (MBA preferred).

  • 4+ years of experience in CPG, with a strong background in Brand Strategy, Strategic Planning, Category Management, or Go-To-Market/Trade Strategy, including

  • Hands-on experience leveraging syndicated data, consumer insights, and shopper insights to identify growth opportunities and inform portfolio choices.

  • Strong stakeholder management

  • Innovation and pipelining management experience

  • Strong end-to-end project management capabilities

Apply
Comfortability managing high levels of ambiguity
  • Experience with coordinating complex, multi-stakeholder initiatives under tight timelines.

  • Strong communication, networking, and presentation skills

  • Strong knowledge of excel and PowerPoint

  • What would be your key responsibilities?

    • Strategic Initiative Execution: Lead the execution of key strategic initiatives designed to unlock step-change volume, market share, and household penetration (HHP) growth across the entire portfolio.

    • Innovation Performance Excellence: Analyze and build capability around historical innovation performance, translating past launch learnings into scalable, repeatable best practices that optimize future success rates.

    • Go-To-Market (GTM) & Investment Optimization: Partner with Sales, Trade Marketing, and Brand Activation to evaluate and improve GTM execution, distribution playbooks, and promotional investment strategies to ensure maximum ROI.

    • Challenger Brand & Portfolio Role Definition: Identify challenger brand strategies and define the role each brand plays within the broader portfolio, ensuring clear choices on where to win, how to compete, and how resources should be prioritized.

    • Cross-Functional Orchestration: Lead agile, multi-disciplinary teams (R&D, Sales, Finance, External Agencies) to rapidly develop, pressure-test, and scale complex projects from concept to commercial execution.

    • Ad-Hoc Strategic Projects: Support the Line Manager on high-priority strategic briefs, business case developments, and executive presentations addressing competitive threats, regulatory shifts, or macroeconomic trends.

    What can you expect from Mars?

    • Work with over 130,000 with 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.

    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 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 108,160.00 - USD 148,720.00

    Working at Mars

    Hybrid

    Core hours 11–3

    Company employees:

    4,000 In the UK

    Gender diversity (m:f):

    57:43

    Hiring in countries

    Argentina

    Australia

    Austria

    Belgium

    Brazil

    Canada

    Chile

    China

    Czechia

    Denmark

    Egypt

    France

    Germany

    Greece

    Guatemala

    Hungary

    Office Locations

    Company benefits

    Open to part-time employees
    Open to job sharing
    Open to compressed hours
    Sabbaticals
    Enhanced maternity leave – 26 weeks at 90% pay
    Enhanced paternity leave – 26 weeks at 90% pay
    24 days annual leave + bank holidays
    “Pawternity” leave
    Pregnancy loss leave
    Bank holiday swaps
    Shared parental leave
    Adoption leave
    Family health insurance
    Pregnancy support
    Neonatal leave
    Faith rooms
    Meditation space
    Dog friendly office
    Dog friendly co-working space
    Annual bonus
    Employee discounts
    Cinema discounts
    Referral bonus
    Joining bonus
    Cycle to work scheme
    Electric Car Salary Sacrifice
    Enhanced pension match/contribution
    Theme park discounts
    Lunch and learns
    In house training
    Learning license
    Studying sabbaticals
    Open to part time work for some roles
    Menopause support
    On-site gym
    On-site barista
    Secure on-site parking
    On-site catering
    Private booths
    On-site wellness room
    Collaboration spaces

    Awards & Accreditations

    1st - Most Family Friendly Company

    1st - Most Family Friendly Company

    Flexa awards 2026
    3rd - Best Workplace Benefits

    3rd - Best Workplace Benefits

    Flexa awards 2026
    Most loved - Large companies

    Top 5 - Most loved - Large companies

    Flexa awards 2026
    Best Work-Life Balance

    Top 10 - Best Work-Life Balance

    Flexa awards 2026
    1st - Most Family Friendly Company

    1st - Most Family Friendly Company

    Flexa awards 2025
    2nd – Pet Friendly

    2nd – Pet Friendly

    Flexa awards 2025
    Most Flexible Company

    Top 5 - Most Flexible Company

    Flexa awards 2025
    Most Inclusive Company

    Top 5 - Most Inclusive Company

    Flexa awards 2025
    Best Work-Life Balance

    Top 10 - Best Work-Life Balance

    Flexa awards 2025
    Best Career Progression

    Top 10 - Best Career Progression

    Flexa awards 2025
    Best Workplace Culture

    Best Workplace Culture

    Flexa awards 2025
    Best Workplace Benefits

    Best Workplace Benefits

    Flexa awards 2025
    1st – Large companies

    1st – Large companies

    Flexa100 2024
    Consumer Goods

    Consumer Goods

    Industry awards 2023
    3rd – Large companies

    3rd – Large companies

    Flexa100 2023
    Retail & Ecommerce

    Retail & Ecommerce

    Industry awards 2022

    India

    Ireland

    Japan

    Kazakhstan

    Kenya

    Lithuania

    Malaysia

    Mexico

    Netherlands

    New Zealand

    Poland

    Romania

    Russia

    Saudi Arabia

    Slovakia

    South Africa

    South Korea

    Spain

    Switzerland

    Thailand

    Türkiye

    Ukraine

    United Kingdom

    United States