Sourcing and Procurement Sr. Specialist

At Acorns, our mission is to look after the financial best interests of the up-and-coming, beginning with the empowering, proud step of micro-investing. How do we accomplish our mission? Our values.

Lead With Heart - With compassion, integrity, and tenacity, inspire yourself and others to move past all previous thresholds of possibility

Make Bold Decisions - We are creating a new world. Be optimistic, adventurous, and courageous. Leap fearlessly into the future

Always Build Trust - Say what you mean, mean what you say, and do what you say youre going to do. We are all owners. We are one team

Never Stop Growing - Change IS the constant. Stay hungry and curious. Be relentless in the pursuit of progress

Find a way - Never settle, no excuses, nothing is impossible. Just make it happen

Our values guide us, and our mission drives us. Come join us and help deliver financial wellness for the whole family, putting the tools of wealth-making into everyones hands.

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Sourcing and Procurement Sr. Specialist | Acorns

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, youll drive strategy, negotiation, vendor management, contract reviews, and proposal analysisprimarily in Software, with additional exposure to Marketing, Services, and Infrastructure. Youll also have the opportunity to support leadership on key sourcing initiatives.

Youre right for the position if you thrive in fast-paced environments and can balance big-picture strategy with attention to detail. Youre resourceful, solutions-oriented, and bring fresh ideas to complex challenges. A strong collaborator and negotiator, you take pride in your work, adapt quickly, and are committed to delivering results that raise the bar.

Acorns is a remote-first organization, offering the flexibility to work remotely while providing optional access to office space in Irvine, CA.

What Youll Do at Acorns

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

What you will bring to Acorns :

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

Workday and / or Zip experience is considered a plus

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

You are not expected to have experience with all listed requirements. If you feel passionate about Acorns' mission, vision, and values, please apply.

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, Cornerstones 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.

About Acorns :

Acorns is a financial wellness app that helps everyday people and families save and invest money for the long term. Since 2014, Acorns has grown into a global company with multiple life-stage products serving the needs of kids, teens, adults, and parents. Named one of Times Worlds Best Brands of 2024, Acorns has helped over 14 million people save & invest over $25 billion dollars, much of it from spare change and small amounts.

Compensation Information :

The pay range for this position at commencement of employment is expected to be between $101,700 and $106,500 / year; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, equity grants, and discretionary cash bonus awards in addition to a full range of medical, financial, and / or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, employee will be in an at-will position and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department / team performance, and market factors.

Work Authorization :

Acorns participates in E-Verify to confirm the employment eligibility of all newly hired employees. For more information about E-Verify, please visit www.e-verify.gov