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CHIEF FINANCIAL OFFICER – MIDSTREAM – De Beers Group 558 views

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At De Beers Group our purpose is to Make Life Brilliant. We believe that a sustainable business is purposeful, competitive, resilient and agile – it’s a business that thrives through both economic and social cycles. By understanding the context and listening to stakeholders we stay ahead of evolving trends and provide the solutions to societal expectations. By solving the physical challenges of mining through relentless innovation, and constantly searching for more responsible ways to do business, we are changing the way our employees and stakeholders experience our business – creating enduring value for all stakeholders. Sustainability is at the heart of our decision-making, it is how we do business. www.debeersgroup.com. Role Purpose The Chief Financial Officer drives financial performance through the provision of financial and management information and business performance analysis to senior stakeholders, while ensuring strong financial controls, effective governance, and robust financial and commercial processes through the implementation of appropriate policies, procedures, and guidelines. As a member of the DBGSS leadership team, the CFO contributes to overall leadership, strategic direction‑setting, and the development of the De Beers Midstream, providing continuous evaluation, support, and challenge of DBGSS performance and strategic objectives as a key financial business partner to the DBGSS Executive Vice President and executive team. The role is responsible for developing and implementing effective financial KPIs across the Midstream business units, providing strategic financial input into the growth of Midstream programmes, and representing De Beers on the Boards of joint venture companies DTC Botswana and Namibia DTC, as well as acting as Board Director for DBGSS, DBHB, and other wholly owned De Beers Group companies.

Job Summary

  • Type: full-time
  • Location: Gaborone
  • Category: Finance
  • Closing Date: 2026-05-07

Key Responsibilities

  • Develop and enhance financial oversight of revenue and cost optimisation, operational decisions and profit opportunities
  • Coordinate and control accounting functions, governance and risk management frameworks on a regional basis
  • Provide financial and commercial analysis for appraisal of new Midstream opportunities
  • Overall control of financial transactions including audit, treasury, tax compliance, AML and CFT systems
  • Apply governance and compliance knowledge to mitigate risk and ensure regulatory compliance
  • Lead development of financial reports and controls, escalate emerging risks
  • Lead budget and forecast processes and formulate financial targets
  • Build people and organisational capability and culture
  • Develop and implement financial KPIs for Midstream business units
  • Represent De Beers financial interests on Boards
  • Oversee DBGSS administration function

Requirements

  • Undergraduate financial qualification (Bachelor’s / Honours or equivalent)
  • CIMA / ACA / ACCA / ACMA or equivalent
  • Proven track record in roles of similar complexity
  • Senior leadership experience in Finance
  • Financial and business planning and analysis
  • Process improvement and change leadership
  • Development of financial reports and controls
  • High level of functional and technical competence
  • Relationship management with tax, legal and external advisors
  • Strategic thinking and planning
  • Coaching and mentoring capability
  • Ability to interpret complex financial data and provide insight
  • Senior‑level influencing and communication capability
  • Strong business and commercial acumen
  • Knowledge of production and sales metrics

How to Apply

To apply, please visit: jobs.smartrecruiters.com

About the Company

De Beers Group maintains a profound and long-standing operational presence in Botswana, primarily through the Debswana Diamond Company. This crucial 50/50 joint venture with the Government of Botswana is responsible for discovering, recovering, and processing diamonds from some of the world's richest mines, including Jwaneng and Orapa. Its operations are a cornerstone of Botswana's economy, driving significant revenue, employment, and social development initiatives across the nation. Beyond mining, De Beers Group actively supports the beneficiation of diamonds within Botswana, fostering a vibrant local cutting, polishing, and manufacturing industry. This commitment underscores its role in transforming Botswana's natural resources into sustainable economic growth and opportunity.

Leading diamond discovery, recovery, and beneficiation in Botswana.

Website: https://www.debeersgroup.com/

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Frequently Asked Questions

What are the essential qualifications and certifications required for a Chief Financial Officer role in the midstream sector in Botswana?

Typically, a professional accounting qualification such as CA (Botswana/SA), ACCA, or CIMA is mandatory, coupled with a relevant Master's or Bachelor's degree in Finance or Accounting. Extensive senior-level financial management experience, ideally within the mining or heavy industry sector, is also crucial.

What are the common day-to-day responsibilities of a CFO in a midstream operation in Botswana?

A CFO's daily tasks involve overseeing financial planning, budgeting, reporting, and treasury functions to ensure operational efficiency and compliance with local regulations. This includes providing strategic financial guidance, managing risk, and leading a finance team to support the business's midstream activities.

How would you describe the typical work culture and expectations for a senior finance executive in a multinational company in Botswana?

The work culture is generally professional, focused on strong governance, collaboration, and adherence to international best practices while respecting local customs. Senior executives are expected to demonstrate strong leadership, strategic acumen, and a commitment to local development and talent nurturing.

What are the realistic career progression or growth paths for a CFO in Botswana, particularly from a role like this?

Successful CFOs can progress into broader executive management roles, such as Managing Director or Chief Operations Officer, within the company or a similar multinational corporation. Opportunities may also arise for regional leadership positions or non-executive directorships, leveraging deep industry and financial expertise.

What typical benefits packages (e.g., leave, medical aid, pension) can a CFO expect in a large corporate in Botswana?

Senior executive roles usually come with comprehensive benefits including generous annual leave, robust medical aid coverage, and a solid pension scheme in compliance with Botswana's regulations. Performance-based bonuses, executive life assurance, and potentially relocation assistance are also common components of such packages.

What do employers in Botswana look for when hiring for a senior finance role like CFO, and what's the best way to apply?

Employers seek candidates with proven strategic financial leadership, strong analytical skills, impeccable ethical standards, and relevant industry experience, particularly within the local context. A concise, well-articulated CV and cover letter highlighting these attributes, often submitted through online portals or professional networks, is essential.

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