Monarch
Principal, Procurement
Monarch
$175k - $205k
Worldwide (Remote)

Principal, Procurement

Overview

Monarch is a powerful, all-in-one personal finance platform designed to help make the complexity of finances feel simple again.

Job Description

Since launching in 2021, we've become the top-recommended personal finance app by users and experts. Our goal? To take the stress out of finances so our members can focus on what truly matters.

Responsibilities

  • - Own and continuously improve Monarch’s company-wide procurement process, including system administration for Zip
  • - Lead strategic sourcing and negotiations for material vendors, using market intelligence, usage data, and business context to improve pricing, terms, commitments, and overall value
  • - Build a proactive vendor-management program that provides clear visibility into contracts, spend, ownership, renewals, utilization, performance, and consolidation opportunities
  • - Partner with Finance, Engineering, and business leaders to improve the commercial economics of Monarch’s SaaS, cloud, data, AI, and other technology spend
  • - Drive adoption through clear policies, self-service resources, and employee education developed with People, while using AI and automation to make procurement faster and more proactive

Required Skills

  • - 7+ years of relevant experience in procurement, strategic sourcing, vendor management, or technology-spend management, including personal ownership of material negotiations
  • - Demonstrated experience owning and meaningfully improving procurement processes in a high-growth technology company, ideally within B2C, subscription, SaaS, or fintech
  • - Hands-on experience administering a procurement-orchestration or comparable workflow platform, including configuring intake, conditional logic, approval routing, permissions, and reporting
  • - Experience sourcing and negotiating technology spend, including SaaS, cloud infrastructure, data, AI, or other consumption-based vendor models
  • - Experience partnering with Finance and Engineering to manage cloud or other usage-based technology spend and translate cost and usage insights into commercial decisions
  • - Strong commercial and analytical judgment, including the ability to connect spend and utilization data to business value and unit economics
  • - Excellent written and verbal communication skills, including the ability to influence leaders, challenge requests constructively, create clear employee guidance, and drive cross-functional decisions without formal authority
  • - A proactive, hands-on operating style and the ability to manage multiple priorities, move between strategy and execution, and bring clear recommendations to ambiguous decisions
  • - Demonstrated AI fluency: You use AI regularly in your work, have a clear point of view on where it helps and where it doesn’t, and continuously raise your own bar
  • - You are excited to redesign procurement workflows around AI and automation—not just use AI to complete existing tasks faster

Benefits

  • - Work wherever you want! As a fully remote company with no central office, we want you to work wherever you are happiest and most productive
  • - Competitive cash and equity compensation in a hyper growth, early stage company 🚀
  • - Stipend to set-up your ideal working environment
  • - Competitive Benefit Plans for employees based on your location (e.g. in the US we offer: Medical, dental and vision benefits and the ability to contribute to a 401k plan)
  • - Unlimited PTO
  • - 3 day weekend every month! We take off the “First Friday” every month to focus on rest, recuperation, or just having fun!

About the company

Monarch Money is a subscription-based platform that provides a personal finance program to track expenses. The platform aims to help consumers plan and manage their financial lives and adds all the transactions, across all bank accounts and credit cards, into one list, and creates a budget to understand where the money is going.


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