Careers are often seen as opportunities to study among social members, find a good job, or pursue a career that offers attractive job benefits.
However, this is a broader concept. Many readers will agree that a symbolic journey through life, work, education, and other aspects of one's life increases self-awareness in their life. In much of the world, the term career is based entirely on the work element in a person's life; but it must be relevant.
A career allows everyone to achieve their dreams and goals on the journey of a lifetime. Often, careers are used or consist of people who do their jobs, titles, and occupations. As per aspects of working life, this blog will discuss one of the most popular accounting and finance jobs, namely company secretary (CS) and how to make a successful career. While many other administration and finance courses such as the CA and CMA have also become popular, maintaining the specificity will focus on CS and how useful it is to students. So, choosing a company secretary as a profession is the best choice.
Company Secretary Career, Definition and Responsibilities
First, let's find out what a company secretary is. Under the Companies Act 2013, a company secretary is a professional and a member of the Institute of Company Secretaries of India (ICSI). Under the Company Secretary Act, every organization in India that has paid-up share capital of Rs.5 billion must appoint a CS.
The first and foremost duties of a company secretary include efficient and productive administration of the company, particularly with regard to legal and regulatory requirements for compliance and execution of decisions of the company's executive board.
Let us understand some of the other duties of a company secretary. The company's directors are also responsible for company and meeting management, ensuring the plan, adherence to the order of meetings, managing the director's bulletin board and other related management functions.
So you can understand that in many fields, CS is one of the people involved in managing a business effectively.
The main services of a company secretary include
- Secretarial, Corporate and Legal Governance
- Corporate Restructuring
- Financial Management
- Project Planning
- Due diligence
- Business consulting service
- Compliance with SEBI law
- Management Guidelines
Yes, being a Company Secretary is a job with a higher level of responsibility, but at the same time very rewarding and commendable for what can take you to higher heavens in your career.
Characteristics of a Company Secretary
So now, you must be curious about the skills or qualities you need to become a CS. Here's the answer.
As you know, as a company secretary, you need to be involved in many functional areas; therefore, being a CS requires highly organized people with excellent time management skills. It is important to be good at multitasking and communication. The bottom line is also that CS needs to communicate with other organizational departments to ensure that all decisions on the board are executed properly.
Here are some of the best skills one needs to have to become a company secretary
- Time management skills.
- Good communication skills.
- leadership skills
- Compliance with laws and regulations of the SEBI Act, SCRA.
- Ability to save legal data.
- Excellent organization, planning and assessment
- In-depth knowledge of German Stock Company Law, SEBI regulations and stock exchange needs.
Why choose corporate secretary as a profession?
There are many advantages to being a CS and a challenging profession at the same time. As a member of the well-known ICSI group, for example, you can work in many fields such as banks, companies, government or academic institutions in recognized educational institutions or institutions. Recently, other forms of CS have emerged, such as Arbitrators, mediators, bankruptcy administrators, GST employees and many more.
Nowadays, there are various famous online CS training sessions to get the appropriate training guide easily.
Conclusion
From the discussion, it can be concluded that pursuing CS and choosing a career or career as a secretary can be very useful for you, both professionally and personally. On a professional level, a CS practices in the best companies and gains comprehensive and in-depth knowledge in many areas, such as Law, Secretariat and Corporate Governance. CS practice also sharpens organizational, time management, decision-making, and communication skills at the individual level. In short, choosing CS as a profession is very useful because it improves the personality and behaviour of the individual. If we take the example of CS, there is an option where you can go to the CS Executive online videos, books, PDF or study the modules.