Company Secretary
Career in Company Secretary
India is witnessing an extraordinary growth and expansion in the corporate sector. The increasing demand for specialists in almost every area of the corporate functions has led to emergence of professionals who can perform specialized skills with near perfection in their respective fields.
A company secretary is one such a professional who is answerable for efficient management of the corporate sector. He co-ordinates and assists various departments of the organization, ensures agreement of company legislations and advises directors on legal requirements of the company. Apart from all these, he also looks finance, accounts, legal, personnel and administrative functions.
Key to Success
To be successful you should have/ develop:
- Ability to analyze, compare and interpret facts and figures quickly
- Good Judgment
- Quick decision Making
- Ability to deal confidently with employers and clients
Scope and opportunities
- A qualified company secretary is a skilled enough to take up wide range of responsibilities in legal, finance, accounts, personnel and administrative departments of various public and private-sector companies.
- It is Mandatory to have qualified company secretary for organization, controlled by boards or councils and other corporate structures to be it a co-operative society, association, federation or statutory authority.
- Initially, beginners can join as a Junior Secretarial Officer. Depending upon the experience and hard work it can changes to senior level positions of Company Secretary.
Lifestyle & Social Status
- A company secretary is one such a professional who is answerable for legal management of the corporate sector.
- This position is amongst the top level at Management , working with the board of director
Career Path
Job Profile
- Company secretary is involved in major decisions of organization such as accounting and finance, formulating long and short term corporate policies and programs. For this reason, they are regarded as corporate development planners
- Some other responsibilities of Company Secretary are incorporation, Internal legal advisor and representative, manage public issues, maintain company's records, arrange collaborations, process inter-corporate loans and investments, tax returns, tax planning, tax management, Arranging meetings, collecting and compiling information, recording the decisions, joint ventures within and outside India etc
- In legal and financial activities of an organization company secretary plays an important role.
What are the key skills required for Company Secretary
Skill sets
- Excellent command over English, both written and oral is important
- Analyse complex and technical issues and exercise accordingly with tact and intelligence
- Thorough knowledge and understanding of their subject as they may have to deal with complex legal situation
Work Value
- Persistency
- Responsibility
- Teamwork
- Autonomy
- Result Oriented
What are the career opportunities in Company Secretary
Current Job Scenario
- A budding and meritorious company secretary can start his career with a monthly remuneration of Rs 20, 000 to Rs 25, 000.
- However, with time, experience and expertise in managing company affairs you can command hefty pay packets.
- If you start you own practice, the earning potential can be very good.
Top Recruiters
As per the Companies Act, 1956, every company with a paid-up share capital of Rs 2 crores or above has to appoint a full time company secretary.
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