Sourcing and Procurement Sr. Specialist

Acorns

109d • $101,700 - $106,500

About The Position

Acorns is seeking a Sourcing & Procurement Sr. Specialist to partner with internal stakeholders and manage end-to-end procurement activities. Reporting to the Director of Sourcing & Procurement, you’ll drive strategy, negotiation, vendor management, contract reviews, and proposal analysis—primarily in Software, with additional exposure to Marketing, Services, and Infrastructure. You’ll also have the opportunity to support leadership on key sourcing initiatives. Acorns is a remote-first organization, offering the flexibility to work remotely while providing optional access to office space in Irvine, CA.

Requirements

• BS/BA in Business or related field
• 4+ years of experience in procurement, sourcing, vendor management, finance, consulting, technology, business development, partnerships, sales, or a related field
• Strong vendor management skills, including performance evaluation, contract negotiation, and procurement policy execution
• Ability to quickly build trust and collaborate across internal teams and external partners
• Project management expertise with a focus on resource planning, timelines, and delivering measurable results
• Solid understanding of commercial contracts, legal terminology, accounting principles, cost analysis, ROI, and Total Cost of Ownership
• Skilled at balancing multiple projects in a fast-paced environment, both independently and as part of a team
• Proficiency in Excel
• Problem-solver with solution-oriented attitude
• Thirst for delivering game-changing products
• Exceptional drive and precision in delivery
• A belief that your work is tied to your life's mission
• Optimistic about the potential of societal change

Nice To Haves

• FinTech background a plus

Responsibilities

• Build expertise in Acorns’ vendors, tools, systems, and procurement processes
• Streamline vendor onboarding/offboarding, maintain the vendor master list, and manage contract archives
• Oversee purchase requisitions, purchase orders, renewals, and termination notices to ensure timely execution
• Partner with stakeholders, Finance, and AP to align on budgets, resolve vendor/PO/invoice issues, and maximize cost efficiency
• Create and maintain contract summaries, vendor scorecards, renewal reports, and risk committee reporting
• Serve as an administrator for procurement and contract systems (workflows, approvals, user permissions, updates)
• Coordinate vendor risk assessments, QBRs, and other critical vendor management activities
• Identify and address gaps in procurement policies, processes, and systems to drive continuous improvement

Benefits

• Competitive salary and stock options
• A comprehensive benefits package for you and your family
• Flexible work location, hours, and paid time off
• 401(k) matching
• Monthly Acorns account contribution & GoHenry account for your family
• Mindfulness and Financial Wellness resources, Headspace and Addition Wealth
• Acorns Career Development Program (Ongoing training sessions, development plans, development check-ins, Cornerstone’s online training platform)
• Roots Leadership Program for Emerging Leaders
• Community week onsite gatherings and various virtual events
• Talented and motivated team members who care deeply about one another, our mission, and our customers
• The rare opportunity to create a new world

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 501-1,000 employees