Acorns · 3 months ago
Sourcing and Procurement Sr. Specialist
United States
Full-time
Hybrid
Mid, Senior Level
$102K/yr - $106K/yr
4+ years expAcorns is a financial wellness app dedicated to helping individuals and families save and invest money for the long term. They are seeking a Sourcing & Procurement Sr. Specialist to manage end-to-end procurement activities, drive strategy, negotiation, vendor management, and support key sourcing initiatives.
FinanceFinancial ServicesFinTechWealth Management
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
Qualification
Required
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
Preferred
FinTech background a plus
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. We inspire one another every day to do meaningful work that solves big societal challenges.
Company
Acorns
Acorns is a financial technology and services company that specializes in automated investments and robo-advice.
501-1000 employees
H1B Sponsorship
Acorns has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (6)
2024 (13)
2023 (17)
2022 (14)
2021 (11)
2020 (4)
Funding
Current Stage
Late StageTotal Funding
$510.01MKey Investors
TPGThe Rise FundJacobs Asset Management
2022-03-09Series F· $300M
2019-08-19Series Unknown
2019-01-28Series E· $105M
Leadership Team
Noah Kerner
CEO & Chairman
B
Beau Sullivan
VP of Securities
Recent News
baincapitalventures.com
2025-12-29
2025-12-13
Company data provided by crunchbase