Senior Manager, Sourcing & Procurement

Job not on LinkedIn

🔥 7 minutes ago

🏄 California – Remote

🏄 California – Remote

💵 $160.7k - $189k / year

⏰ Full Time

🟠 Senior

🛒 Procurement

🦅 H1B Visa Sponsor

This company has sponsored H1B visas in the past.

👻 Ghost score 1%

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Acorns

WebsiteLinkedInAll Job Openings

201 - 500 employees

Founded 2012

💳 Fintech

👥 B2C

Fintech • B2C

Acorns is a financial technology company that helps individuals save and invest their money through a variety of automated features. By using spare change from everyday purchases, Acorns offers a seamless way to start investing with its Round-Ups® feature and expert-built diversified portfolios. The company also provides additional services such as Acorns Later for retirement savings and Acorns Early for children's investment accounts. Acorns offers a smart money app with easy-to-use features designed to grow money skills among users, including a Bitcoin-linked ETF for cautious cryptocurrency exposure and ESG portfolios for sustainable investing. While Acorns is not a bank, it partners with financial institutions to offer Visa™ debit cards as part of their comprehensive financial service offerings.

📋 Description

• Lead Acorns’ company-wide sourcing and purchasing model across all third-party spend • Own and enhance the third-party management program covering planning, intake, evaluation, contracting, and lifecycle management • Evaluate and redesign policies, processes, and procedures and establish accountability at each stage • Partner with Enterprise IT, Engineering, InfoSec, Legal, Compliance, Finance, Marketing, Product, and Operations • Lead commercial negotiations, contract structuring, and renewals across indirect and strategic spend • Develop and run category strategies across technology, marketing, product, operations, professional services, and corporate functions • Own company-wide intake and procurement workflows and supporting automation • Drive spend segmentation, RFPs, market analysis, vendor consolidation, and multi-year category plans • Mature the risk-tiered sourcing framework to meet SEC, FINRA, and bank-partner expectations • Inventory, audit, and benchmark strategic suppliers against commercial, operational, security, and regulatory standards • Enhance spend analytics, benchmarking, and executive reporting • Identify savings and forecast procurement needs • Directly manage, mentor, and develop one team member • Provide coaching, performance feedback, and guidance to support professional growth and execution of sourcing priorities

🎯 Requirements

• 10+ years of progressive experience in strategic sourcing, enterprise procurement, or vendor management within high-growth technology or financial services environments • Proven track record negotiating complex, multi-year enterprise SaaS software agreements, marketing and agency agreements, professional services contracts, and strategic third-party vendor partnerships • Hands-on experience developing category strategies, running structured RFPs, consolidating vendor bases, and executing multi-year spend plans • Exceptional communication, negotiation, and stakeholder management skills with a collaborative, customer-centric approach • Expertise in spend management and procurement intake tools, including Zip and Brex • Experience executing cross-functional third-party risk management (TPRM) frameworks • Familiarity with technical concepts including architecture, integration, security, SLAs, uptime, and incident response • Deep financial acumen with demonstrated experience driving measurable cost savings, total cost of ownership reductions, and risk mitigation • Bachelor’s degree in Business, Supply Chain, Finance, or a related field, or equivalent practical experience • 2+ years of people management experience • Demonstrated experience motivating, supporting, and developing team members • Ability to align company vision and organizational goals with team execution • Commitment to upholding policy and procedures per company standards • Ability to own strategic decision-making and effectively communicate direction to team members • Hunger to deliver game-changing products • Exceptional drive and precision in delivery • Belief that work is tied to life's mission • Optimism about the potential of societal change • Must complete U.S. work authorization requirements; Acorns participates in E-Verify

🏖️ Benefits

• Competitive salary • Stock options • Comprehensive benefits package for you and your family • Flexible work location and hours • Paid time off • 401(k) matching • Monthly Acorns account contribution • GoHenry account for your family • Mindfulness and Financial Wellness resources • Headspace • Addition Wealth • Acorns Career Development Program • Ongoing training sessions • Development plans and development check-ins • Cornerstone’s online training platform • Roots Leadership Program for Emerging Leaders • Community week onsite gatherings • Various virtual events • Optional access to office space in Irvine, CA • Equity grants • Discretionary cash bonus awards • Medical benefits • Financial benefits • Vacation, sick time, and parental leave