Career In Company Secretary (CS)
Check out the different capacities in which a Company Secretary can work. The job profiles of a Company Secretary include the following:
Company Registrar: A company registrar is regarded as an important component of a company/organisation’s hierarchy.
Legal Advisor: A legal advisor assists the company in case of any legal dispute or issue. Legal advisors also make sure that the company complies with the bureaucratic and statutory directives, securities and corporate laws.
Chief Administrative Officer: A chief administrative officer monitors the general administrative activities of the company. These officers are also responsible for safeguarding all legal and other confidential documents of the company.
Corporate Planner: Corporate planner keeps a discerning eye on the expansion opportunities of the company. These officials also take care of mergers, joint ventures, collaborations and takeovers within the company or outside.
Principal Secretary: The responsibility of a principal secretary is to manage all aspects of corporate meetings like board meetings, annual general meetings, meeting with private and government delegations and important clients.
Corporate Policymaker: The responsibility of a corporate policymaker is to plan short term and long term corporate policies of a company. These policymakers also advise the company board when current policies are brought up for review from time to time.
Member of Board of Directors: Sometimes, company secretaries take the responsibility of one of the members of the board of directors of a company to provide secretarial and expert advice.
Miscellaneous Responsibilities: Apart from roles mentioned above, company secretaries are also required for tax management of a company, filing of tax and assessment of tax.
As per Companies Act 1956, any company with a paid-up share capital of Rs. 2 crores must appoint a full-time company secretary. Therefore, the employment scope for company secretaries in India is vast and diversified. During the course, students must take up an internship in companies with a share capital of Rs. 10 lakh to Rs. 2 crores.
A qualified company secretary is capable of finding a job in the public and private sectors, financial institutions and banks. Company secretaries are also required in company law boards, various government departments, Department of Company Affairs etc. Top organizations offer attractive pay packages to company secretaries.
Company secretaries can also set up their own consultancy after obtaining a certificate of practice. Companies with a paid up share of Rs. 10 lakh to Rs. 2 crores are required to hire/ employ the services of practicing company secretaries for issuing corporate compliance certificates.
Since company secretaries have immense knowledge of a wide range of subjects, they can take up the position of a lecturer/ visiting faculty in different academic institutes.