Company Secretary jobs include advising the managers on the matter of law, conducting AGMs, producing agendas for meetings, following regulatory policies, communicating with shareholders, and implementing corporate governance in PSU companies.
CS govt jobs include maintaining good relationships with the press, sustaining investor confidence, and making sure listed government companies are following corporate governance. Company Secretary jobs in the government sector include working in PSU firms that are listed like LIC, SAIL, etc.
CS Jobs Salary starts from INR 3.5 Lakhs to 5 Lakhs. This is going to increase with experience and may reach INR 20 Lakhs. CS job opportunities are on the rise with only about 65,000 Companies Secretaries in India.
CS Jobs for freshers majorly include working in a small firm and handling all the legal aspects of the firm. As the CS gains experience, he/she gets better opportunities in bigger companies. Students also take CS Internships in top companies like PWCs for better exposure although it is not mandatory.
Table of Content
1.1 CS Roles
- Company Secretary Jobs for Freshers
- Skills Required to become a CS
- CS Job Opportunities
- CS Trainee Vacancy
5.1 CS Internships
Company Secretary Job Description
The job description of Company Secretary focuses on requirements of a company that are legal or regulatory. It involves the efficient running of a company by making sure that the decisions of the board are being followed at all levels of the company.
See Also:
Company Secretary Roles
The roles and responsibilities of a Company Secretary are mentioned below:
- A CS provides advice that is legal, financial, or strategic.
- A CS presides over annual general meetings (AGMs) by producing agendas, conveying decisions, handling meetings etc.
- A Company Secretary ensures that the changes in statutory and regulatory policies affecting the organization are committee-approved and updated.
- A Company Secretary acts as a point of contact for the shareholders in public companies.
- Cooperate with external stakeholders such as lawyers and auditors.
- A Company Secretary looks after the administration dealing with the pension scheme.
Company Secretary Jobs for Freshers
The job role of a company secretary who is a fresher is very different from a CS who has work experience. A CS fresher still has a lot to learn and thus helps with assisting a CS who has a lot more experience. Some of the roles and responsibilities of CS Fresher is mentioned below:
- A CS fresher starts their trade mostly in small organizations or NGOs managing their accounts.
- The salary of a CS fresher ranges between INR 3,00,000 to INR 3,75,000.
- A CS fresher must have apt skills in MIS report presentation, excel, word, and powerpoint.
- A CS Fresher must have his membership number since most companies require it.
Skills Required to become a CS
To become a CS, candidates must acquire some basic set of skills. Mentioned below in tabular format are the skills required to become a CS.
| Skill Name | Description |
|---|---|
| Sound Judgement | The ability to judge and make sound decisions, often in situations involving conflicting issues and conclusions, is more important than a company secretary. The Company Secretary also plays an important role in communicating with external stakeholders, such as investors, and is often the first point of contact for inquiries. |
| Legal Knowledge | A Company Secratary must possess basic legal knowledge including his/her rights in matters of conflict with a third party and the rights of the third party. This helps the company minimise legal damages in a state of crisis. |
| Record Keeping | A company secretary must have records of all the business activities in the organization such as business registration, article incorporation, business books, and other assets. |
| Inter Personal Skills | A company secretary must possess interpersonal skills, the art of persuasion and negotiations. This skill is very much required for the smooth running of an organization |
CS Job Opportunities
The Institute of Corporate Secretaries of India provides various CS job opportunities and placements for its members. Some of the basic features of CS job opportunities are:
| Work Experience | 0-1 Year |
| CS Job Locations | Kolkata, Gurgaon, Mumbai, New Delhi, Noida, and other top cities in India |
| Average Salary | INR 35,000 - INR 60,0000 or according to market standards |
| Proficiency | Handle legal work, handle clients, knowledge of MS Office, and basic knowledge about SEBI, NCLT, GST, Income Tax norms |
| Job Sectors | Government and Private |
Company Secretary Vacancy
Various companies post their vacancy in top new portals. The experience requirements depend from company to company. The experience requirement ranges between 1-5 years. The applicants should have proficiency in MS Office, legal matters, and the ability to coordinate with various teams. The CS Salary is negotiable and most industry standards are followed.
See also: Finance Certification Courses
Company Secretary Internships
Although a Company Secretary internship is not mandatory but is very useful for students to get a proper understanding of working in the industry. Some of the top companies for Company Secretary Internships are mentioned below:
- Deloitte Touche Tohmatsu Limited
- Ernst &Young
- PriceWaterhouseCoopers (PWC)
- Klynveld Peat Marwick Goerdeler (KPMG)
- Cummins India Limited
Learn More: Best Finance courses on Udemy
CS Trainee Vacancy
CS Trainee Vacancy is available in various firms. Some of the job responsibilities for a CS Trainee are:
- Preparing, maintaining, and filing forms on the MCA portal and secretarial records
- Have a working knowledge of Companies ACT and FEMA.
- Working knowledge on shares, authorized capital, transfer of shares, modification, charge satisfaction, and charge creation.
- Working knowledge of listed and public companies.
Company Secretary Jobs in the Government Sector
The role of company secretary has increased with the Companies Act 2013 which deals with corporate governance in the public sector. The listed government companies are in great need of company secretaries. The role of Company Secretaries has gone way beyond legislative duties, they make sure that the corporate governance of the company is properly executed.
Company Secretary Govt Jobs
Company Secretaries have a huge role to play in the public sector. PSU companies are riddled with resource waste and underperforming assets. The role of a CS becomes all the more important with the object of proper corporate governance. This will help to maintain investor confidence. Some of the major roles of Company Secretary Govt jobs are to ensure freedom of media, maintain the National Treasury and its tight regime on the supply chain, balance the monetary policy of the Reserve Bank, audit the system along with proper financial management, maintain efficient public sector servants and look after the National Highways and road network.
Some of the Job opportunities and job roles in company secretary govt jobs are listed below:
- Audit Compliance and Certifications Services
- Finance Officer
- Company Secretary and Compliance Officer
- Legal and Secretarial Officer
- Corporate Governance Services
- Taxation Expert
- Takeover Code, Mergers, and Amalgamation Expert
- Corporate Communication and public relations
- Representation Service
- Secretarial Compliance
Company Secretary Jobs: FAQs
Ques. Is CS a good career option?
Ans. Company Secretary is a respected position in the company with various important responsibilities. They rub shoulders with management positions including board members.
Ques. What work do company secretaries do?
Ans. The work of a company secretary looks after the legal aspects of the business including maintaining proper governance in PSUs. They preside over AGMs and look after the overall functionality of the company.
Ques. What are the questions to be asked of the company secretary?
Ans. During an interview for hiring a company secretary, the person should be asked about their proficiency in Excel, sending Emails, ability to set up board meetings, and their knowledge about legal affairs including the company act.
Ques. How many CSs are there in India?
Ans. India has more than 65,000 CS.
Ques. What comes after Company Secretary?
Ans. Some of the positions that a Company Secretary can aspire to are:
- Board of Director
- Company Registrar
- CAO
- Tax Management Officer
- Corporate Planner
- Corporate Policy Maker
Ques. Can a company secretary work in banks?
Ans. CS are required in various financial institutions like banks for their knowledge about corporate law, banking law, secretarial compliances, etc.
Ques. How much does practicing CS earn?
Ans. The starting salary of a Company Secretary ranges between INR 4 Lakhs to INR 6 Lakhs.
Ques. Can a company secretary become an IAS?
Ans. Yes, you can become an IAS after becoming a Company Secretary. It must be noted that the two positions have nothing to do with each other. A student can become an IAS officer after becoming a graduate and clearing UPSC which contains questions about history, geography, general knowledge, and political science.
Ques. Can a CS become CEO?
Ans. Yes, a CS can become a CEO.
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