Salary
💰 $101,700 - $106,500 per year
About the role
- 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
- Report to the Director of Sourcing & Procurement and support leadership on key sourcing initiatives
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
- Workday and/or Zip experience is considered a plus
- Problem-solver with solution-oriented attitude
- 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
- Work authorization: Acorns participates in E-Verify to confirm employment eligibility of newly hired employees