Job Description:
The Manager, Cost Modelling is responsible for building and scaling commercial capabilities in category intelligence, cost modelling, and cost engineering to drive value leadership across Prime spend. Acting as a hands-on strategic partner to Sourcing Managers, this role builds robust cost models, analyzes market intelligence, and develops analytical tools to elevate commercial rigor and support effective sourcing decisions.
Success in this role requires a balance of category domain expertise, sourcing acumen, and advanced analytics. The individual independently solves complex commercial problems, delivers insights to influence cross-functional teams, and helps shape the capability roadmap.
Key Responsibilities:
- Develop should-cost models for raw materials, packaging, and finished goods isolating key cost drivers to feed the savings pipeline and anchor supplier negotiations.
- Digitize cost-modelling capabilities and insights through the development and deployment of digital tools and templates.
- Evaluate internal specifications against industry standards to identify value-engineering and cost-saving opportunities.
- Calculate yields, scrap, labor, overhead, and supplier margins to determine clean cost baselines and fair market pricing.
- Translate cost insights into actionable recommendations to influence product roadmaps, cross-functional teams, and sourcing strategies.
- Deliver analytical support for long-range forecasting, capacity planning, cash delivery initiatives, and procurement negotiations.
- Drive continuous improvement across materials, processes, and systems to ensure cost-optimal and sustainable manufacturing.
Minimum qualifications:
- Bachelor’s Degree with 3+ years of experience in Procurement, Finance, Cost Engineering, or Supply Chain.
- Direct experience in packaging, raw materials, or external manufacturing within CPG, FMCG, or management consulting.
- Strong functional expertise in procurement
- Proven track record in project execution and process management in matrixed environments.
- Highly analytical capability with exceptional problem-solving, critical-thinking, and data-synthesis skills.
Nice to have:
- Broader end-to-end supply chain or plant manufacturing experience.
- Experience operating within or supporting a Procurement Center of Excellence.
- Multi-category cost engineering and parametric should-cost development experience.
- Demonstrated track record of leading cross-functional alignment across technical and commercial teams.
What can you expect from Mars?
Work 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. A strong focus on 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.
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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 79,280.00 - USD 109,010.00Skills Required
- Bachelor's degree
- 3+ years of experience in Procurement, Finance, Cost Engineering, or Supply Chain
- Direct experience with packaging, raw materials, or external manufacturing within CPG, FMCG, or management consulting
- Strong functional expertise in procurement
- Proven track record in project execution and process management in matrixed environments
- Highly analytical capability with exceptional problem-solving, critical-thinking, and data-synthesis skills
- Broader end-to-end supply chain or plant manufacturing experience
- Experience operating within or supporting a Procurement Center of Excellence
- Multi-category cost engineering and parametric should-cost development experience
- Track record of leading cross-functional alignment across technical and commercial teams
Mars Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Mars and has not been reviewed or approved by Mars.
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Healthcare Strength — The benefits package is positioned as comprehensive, with broad medical coverage and additional protections like life insurance and short- and long-term disability. Mental health support is emphasized, including free mental health services and wellbeing programming under initiatives such as Mars Be Well.
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Parental & Family Support — Paid parental leave is highlighted as market-leading in the U.S., with an example of 18 weeks fully paid for both parents. Additional family-related leave types such as sick time for caregiving and bereavement leave are also described as part of the overall package.
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Retirement Support — Retirement offerings are described as strong, including 401(k) matching (with a 6% match cited) and pension plans in some cases. The broader package also references retirement savings options and contributions aligned to local market practice, supporting long-term financial security.
Mars Insights
What We Do
For more than a century, Mars, Incorporated has been driven by the belief that the world we want tomorrow starts with how we do business today. This idea is at the center of who we have always been as a global, family-owned business. Today, Mars is transforming, innovating and evolving in ways that affirm our commitment to making a positive impact on the world around us. Across our diverse and expanding portfolio of confectionery, food, and petcare products and services, we employ 133,000 dedicated Associates who are all moving in the same direction: forward. With $40 billion in annual sales, we produce some of the world’s best-loved brands including DOVE®, EXTRA®, M&M’s®, MILKY WAY®, SNICKERS®, TWIX®, ORBIT®, PEDIGREE®, ROYAL CANIN®, SKITTLES®, WHISKAS®, COCOAVIA®, and 5™; and take care of half of the world’s pets through our pet health services AniCura, Banfield Pet Hospitals™, BluePearl®, Linnaeus, Pet Partners™, and VCA™. We know we can only be truly successful if our partners and the communities in which we operate prosper as well. The Mars Five Principles – Quality, Responsibility, Mutuality, Efficiency and Freedom – inspire our Associates to take action every day to help create a world tomorrow in which the planet, its people and pets can thrive.
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