Careers are frequently considered as chances to acquire a good job, or pursue a path that offers alluring work rewards.
This is a more general concept, though. Many readers will concur that a metaphorical trip through one's life, career, education, and other areas fosters greater self-awareness.A person's career is entirely determined by the work element in their life; however, it must be relevant to what they are doing.
Everyone can go on a lifelong journey to realise their objectives and goals through a career. Often, careers are used or consist of people who do their jobs, titles, and occupations. The purpose of this blog is to discuss one of the most popular accounting and finance jobs, namely company secretary (CS), and how to make a successful career in it.
The emphasis will remain on CS and how beneficial it is for students.
In India, the Company Secretary programme is one of the most competitive and challenging courses. Exams are included in its course curriculum at the Foundation, Executive, and Professional levels. The majority of aspiring professionals dream of passing these tests despite this course being one of the most challenging. However, because it is a very promising one, many pupils are drawn to it.
Basically, the primary function or duty of company secretaries is to guarantee efficient management of an organisation, particularly statutory and regulatory compliance.
Do you know who a Company Secretary is?
Company Secretary is a person who is expert in company law, corporate law and securities laws. He is a crucial link between the board of directors, shareholders, government, and regulatory agencies of the corporation. He serves as the company's compliance officer, in-house legal counsel, corporate planner, and manager of strategic initiatives.
EMPLOYMENT OPPORTUNITIES FOR CS:
A qualified company secretary has employment opportunities as well as the option to work independently as a professional.
Company Secretary in Employment:
· Section 383A of the Companies Act of 1956 mandates that companies with a paid up share capital of Rs. 5 crore or more must appoint a full-time company secretary.
· All businesses that want to list on the stock exchange must appoint a full-time company secretary.
· For appointments to superior posts and services in the central Government, membership of the Institute is recognised..
· For recruitment to Grade I to Grade IV in the Accounts Branch of the Indian Company Law Service, membership of the Institute is recognised.
Self-Employment:
· Members of the Institute may engage in independent practice after receiving a "Certificate of Practice" from the Institute.
· To obtain a compliance certificate, every company having a paid-up share capital of Rs.10 lakh or more and not having a full-time secretary must engage the services of a secretary in whole-time practice.
According to clause 49 of the Listing Agreement, Practising Company Secretaries can issue certificates regarding compliance with corporate governance conditions as specified in the clause.
Company Secretary as an independent professional:
· A Company Secretary in Practice is recognised to issue compliance certificates and attest documents under:
Company Secretaries in Practice also render following services:
Qualities of a good Company Secretary:
At this point, you must be interested in the abilities or characteristics required to become a C.S. Here is the solution:
As you are aware, being a company secretary demands you to be involved in a variety of functional areas; as a result, Company secretaries need to be extremely organised and have good time management abilities. It's critical to have strong communication and multitasking skills. The bottom line is that, in order to make sure that every board decision is carried out, CS must also coordinate with other organisational departments.
Here are some best Skills one need to have to become a company secretary
· Time Management
· Communication Skills
· Leadership
· Compliance with law and regulations of the SEBI Act, SCRA.
· Ability to save legal data.
· Excellent organisation, planning and assessmen
Reasons to Choose the Company Secretary as a Career Option:
· Stability
As one of the most safe professions in India, this course offers you stability. Actually, every organisation needs a company secretary, which is why this line of work is regarded as stable.
· Salary Structures
Company secretary programmes are known to provide fairly competitive compensation packages. One of the careers with the greatest pay levels is this course. A newly qualified CS can often expect to earn packages around Rs. 4-6 Lakhs, yet this number can fluctuate as you gain experience and advance in your career.
· Position
Speaking about its position internationally, there are currently numerous company secretaries working for businesses both nationally and internationally.
· Flexibility
Due to its size, this course also offers its participants a great deal of flexibility. The experts can readily select their specialisations and their areas of interest. And since growth never stops, you can carry on seeking and seizing the chances.
· Opportunities
There is a huge demand for Company Secretaries all over the world. The demand for specialists never decreases because they are frequently regarded as reliable advisors.
Pursuing CS and selecting it as a career can be quite beneficial for you on both a professional and personal level. A CS practises in the best businesses and obtains extensive and in-depth knowledge in a variety of fields, including law, secretariat, and corporate governance. Students who are choosing CS as their career option can go through authentic CS Books for the best results. In summary, choosing CS as a career is incredibly beneficial because it enhances a person's personality and behavior. Hope you all will definitely find this article helpful.
All the best!!
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