Principal, Procurement & Strategic Sourcing

Monarch Money, Inc.; Covina (CA); Remote; USD 180,000 - 230,000; Full time

Benefits offered by this job

Fully remote work

Home office stipend

Medical/dental/vision benefits

401(k) retirement plan

Unlimited PTO

3-day weekend every month

Job summary

Monarch Money is seeking a Principal, Procurement to join our Finance team. You will own and mature procurement programs, lead strategic sourcing and negotiations, and ensure spend scales with growth.

This senior IC role requires cross-functional partnership with Finance, Engineering, Legal, Security, IT, and People, leveraging AI to improve vendor economics and drive proactive cost management.

Qualifications

• 7+ years in procurement or strategic sourcing with ownership of negotiations.
• Experience in high-growth tech (SaaS/fintech) procurement.
• Hands-on with procurement workflows and governance.
• Experience scaling SaaS/cloud spend and vendor contracts.
• Strong cross-functional collaboration with Finance, Eng, Legal.
• Demonstrated AI fluency and ability to redesign workflows.

Responsibilities

• Own and improve Monarch's procurement process and Zip system for efficiency and scalability.
• Lead strategic sourcing and vendor negotiations for core material vendors to improve pricing and terms.
• Build a proactive vendor-management program with visibility into contracts, spend, ownership, renewals, utilization and performance.
• Collaborate with Finance and Engineering to optimize cloud, data, AI, and other technology spend.
• Drive adoption of AI and automation to make procurement faster and more proactive.

Skills

Procurement

Strategic Sourcing

Vendor Management

Technology Spend

AI Fluency

Negotiations

Fintech SaaS

Tools

Zip procurement platform

Job description

Monarch Money is seeking a Principal, Procurement to join our Finance team. You will own and mature procurement programs, lead strategic sourcing and negotiations, and ensure spend scales with growth.

This senior IC role requires cross-functional partnership with Finance, Engineering, Legal, Security, IT, and People, leveraging AI to improve vendor economics and drive proactive cost management.