Principal, Procurement

About Us

Monarch is a powerful, all-in-one personal finance platform designed to help make the complexity of finances feel simple again. 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. We are a team of do-ers led by experienced entrepreneurs who are passionate about helping our members reach their financial goals. We're hyper focused on building a product people love, and on finding every edge that helps us do that better. AI is core to how we operate: every person on the team uses it as a partner to sharpen judgment, move faster, and expand what's possible. We're not looking for tool mastery, we're looking for fluency and curiosity. What matters is that AI is part of how you work today and that you're actively raising your own bar on how to use it well. As a fully remote company (even before COVID!), we welcome applicants from almost anywhere. Our team collaborates synchronously mostly from 9 AM – 2 PM PT and embraces asynchronous work to stay connected across time zones. Join us on our mission to transform lives by simplifying money, together.

About the Role

Monarch is seeking a Principal, Procurement to join our Finance team during a period of rapid growth. Reporting to the Head of Operations and Finance, you will own and mature our existing procurement program, lead strategic sourcing and negotiations, and build a proactive approach to vendor and technology-spend management. This is a senior individual-contributor role with significant company-wide impact. You will partner closely with Finance, Engineering, Legal, Security, IT, People, and business leaders to help Monarch make better purchasing decisions, improve vendor economics, and ensure our technology spend scales efficiently.

Responsibilities

• Own and continuously improve Monarch’s company-wide procurement process, including system administration for Zip, ensuring it remains efficient, scalable, and easy for teams to navigate.
• 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.

Qualifications

• 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