Finance, Audit, Risk and Compliance Sub-Committee (FARC/FAC)
BPOMAS invites suitably qualified professionals to express their interest in serving as Independent Members of the following Sub-Committees: 2. Finance, Audit, Risk and Compliance Sub-Committee (FARC/FAC). The Sub-Committee members will be appointed for a term of five (5) years and will be eligible for re-appointment for one further term of five (5) years, subject to the applicable Terms of Reference, satisfactory performance and relevant governance approvals.
Job Summary
- Employer: BPOMAS
- Job Type: Contract
- Location: Gaborone, Botswana
- Category: Governance
- Closing Date: 2026-10-13
Key Responsibilities
- The Sub-Committee members will be appointed for a term of five (5) years and will be eligible for re-appointment for one further term of five (5) years, subject to the applicable Terms of Reference, satisfactory performance and relevant governance approvals.
Requirements
- Interested candidates should submit their applications by 13 October 2026 via email to recruitment@bpomas.co.bw, clearly stating in the subject line: “Expression of Interest – Independent Sub-Committee Member -[HRSE / FARC / ISC]”.
- Visit https://www.bpomas.co.bw/jobs-tenders or scan the QR code to view the full advert and job requirements.
How to Apply
To apply, please visit: bpomas.co.bw
About the Company
BPOMAS (Botswana Public Officers Medical Aid Scheme) is a medical aid scheme established to provide healthcare benefits to public officers in Botswana. Operating from its headquarters in Gaborone, the organization administers medical aid coverage for government employees across the country. BPOMAS manages member contributions, processes claims, and negotiates with healthcare providers to ensure accessible medical services for its beneficiaries. The scheme plays a significant role in Botswana's public sector employment landscape by offering comprehensive health insurance as part of government workers' benefits package.
Your Health, Our Priority
Frequently Asked Questions
What qualifications and certifications are typically required for an Independent Sub-Committee Member role in Botswana?
Employers usually require a relevant degree in finance, accounting, or business administration, plus professional certifications such as ACCA, CA, or CIA. Membership with BICA (Botswana Institute of Chartered Accountants) is often preferred. Prior experience in audit, risk management, or compliance within a corporate or public sector environment is essential.
What are the typical day-to-day responsibilities of a FARC sub-committee member?
You will review financial statements, oversee internal and external audit processes, and monitor risk management frameworks. The role involves attending quarterly meetings, scrutinizing compliance with Botswana's regulatory requirements, and advising the main board on governance matters. You may also interact with the Auditor General's office or Botswana Unified Revenue Service on specific issues.
How does the work culture and expectations differ for independent sub-committee roles in Botswana?
Botswana's corporate governance culture emphasizes respect for hierarchy, thorough preparation before meetings, and consensus-building decision-making. Punctuality and formal communication are valued, and there is growing scrutiny on board independence following King IV principles. Expect to demonstrate visible commitment to ethical standards and transparency, as stakeholder trust is paramount.
What career progression opportunities exist after serving on a FARC sub-committee?
Successful members often advance to full board directorships or chairperson roles within parastatals, listed companies, or public sector entities. You may also transition into consultancy, non-executive directorships across multiple sectors, or senior advisory positions with regulators like NBFIRA or CEDA. The experience enhances your profile for regional appointments within SADC governance structures.
What typical benefits accompany independent sub-committee membership in Botswana?
Remuneration varies by employer and is usually paid as meeting attendance fees or annual retainers rather than salaries. Most organizations provide medical aid coverage, travel allowances for meetings, and professional indemnity insurance. Leave is not typically applicable given the non-executive nature, though time commitment is disclosed upfront.
How should I apply for this role and what do Botswana employers prioritize in candidates?
Monitor vacancies through the Public Appointments Committee, company secretaries of listed entities, or platforms like the Botswana Gazette and Sunday Standard. Employers prioritize demonstrated independence, integrity, and a clean regulatory record with BOMRA or other relevant bodies. A well-documented track record in governance training and prior sub-committee experience significantly strengthens your application.
