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Sourcing and Procurement Sr. Specialist

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Acorns

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Location:
United States

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Category:
Purchasing

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Contract Type:
Not provided

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Salary:

101700.00 - 106500.00 USD / Year
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Job Description:

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.

Job Responsibility:

  • 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
  • Collaborate with GH UK to negotiate global vendor contracts and drive process improvements
  • Identify opportunities to leverage AI in procurement workflows and led implementation efforts
  • 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

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

Nice to have:

  • Workday and/or Zip experience
  • 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
What we offer:
  • 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

Additional Information:

Job Posted:
February 18, 2026

Employment Type:
Fulltime
Work Type:
Remote work
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