After receiving a CS degree, the company secretary will become one of the company's key officers. The accounting department maintains company records, completes the company's tax returns, and advises the board of directors of their legal obligations to ensure that the company complies with statutory requirements.
It is the candidates who pass the ICSI CS Exam who are responsible for starting a company at the same time that the idea for its formation is conceptualized. Nevertheless, the actual duties of a company secretary may vary depending on the company
Company secretaries have the ability to work for governmental and private organizations, financial institutions, and banks. Other government departments, company law boards, and company affairs departments will also require Company Secretaries. This is a well-paying job at top firms.
After obtaining a certificate of practice, company secretaries can also establish their own consulting firm. Companies with a paid-up share capital of Rs. 10 lakh to Rs. 2 crores are obliged to hire/employ practicing company secretaries to issue corporate compliance certifications.
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Because business secretaries have extensive knowledge of a wide range of disciplines, they can work as lecturers/visiting faculty in a variety of academic institutions.
Chartered Accountants and Company Secretaries, for example, are essential for all commercial companies, whether large or little, government or private. Every firm needs a company secretary to handle tax, legal, and financial matters on a constant schedule. Many businesses employ independent company secretaries, while others use the expertise of Company Secretary services.
A competent corporate secretary can find work in a variety of businesses, from financial corporations and banks to major industry and government agencies.
The following are the profiles that applicants receive after finishing the course:
Assistance to the Board of Directors
Company Registrar: The company registrar is one of the most important members of an organization's hierarchy.
Legal Advisor: In the case of a legal conflict or question, the organization may seek the assistance of a legal expert. Legal advice also guarantees that the company abides by administrative and regulatory directions, as well as security and corporate standards.
Corporate Policymaker: The duty of a business policymaker is to develop a company's short-term and long-term business strategy. When new methods are scrutinized, these officials also advise corporate management.
Chief Administrative Officer: A senior administrative officer oversees the overall management operations of a corporation. These officials are also in charge of keeping the company's legal and other classified data secure.
Principal Secretary: The work of a senior secretary comprises supervising all aspects of organisational meetings, including as board meetings, yearly general meetings, and meetings with private and government delegations, as well as major clients.
Corporate Planner: The business planner keeps a careful eye on the company's expansion potential. These regulators also oversee mergers, joint ventures, collaborations, and takeovers both within and outside the corporation.
Chairman
Managing Director: Company secretaries also serve as a member of the corporate board, giving secretarial and professional counsel.
Company Secretaries earn a good living in a variety of industries. Most businesses will pay a premium for highly trained and experienced Company secretaries. The Company Secretary's typical wage structure is described below.
|
Job Profile |
Starting Salary per annum (in INR) |
Mid Level Salary per annum (in INR) |
Senior Level Salary per annum (In INR) |
|
Company Secretary |
Rs. 3,00,000 |
Rs. 6,00,000 |
Rs. 9,00,000 – 12,00,000 |
|
Legal Advisor |
Rs. 3,00,000 |
Rs. 4,00,000 – 5,00,000 |
Rs. 10,00,000 |
|
Principal Secretary |
Rs. 3,00,000 |
Rs. 6,00,000 |
Rs. 9,00,000 – 12,00,000 |
We have provided a comprehensive guide on Career Options After Qualifying for ICSI CS. If you have any queries about the CS Exam, please leave them in the comments area below. Know More: ICSI CS Salary
Must Check:
Yes, it is undeniably a long-term ICSI professional path.
The Company Secretary Foundation Course is divided into four major areas.
The Company Secretary program is three years in length.
Read the entire article to find out who the top recruits for Company Secretaries are.
