The company secretary is a strategic position with significant influence on the core management operations within an organisation.
Management describes how an organisation is run and controlled, including corporate strategy and decision making, how to achieve its objectives and ensure that all activities are carried out in accordance with legal, ethical and regulatory requirements.
A wide range of skills – corporate law, finance, management, strategy, and company secretarial practice – corporate secretaries advise the company’s board of directors in these key areas and support the chairman,CEO, and non-executive directors.
When you become a company secretary, you have:
- Access to positions in many industries
- A diversity of responsibilities Quick transition to high-level roles, collaboration with the board of directors
- Potential for six-figure salary
- Opportunity to work abroad.
Where do Company Secretaries work?
Company Secretaries work in all sectors of different organisations – private companies, the public sector (e.g.local government organisations, the NHS) and the non-profit sector (e.g. charities and professional associations).
Some work for services firms professionally and run their businesses as sole proprietorships and offer company secretarial services to a number of clients for a fee.
What does a Company Secretary do?
The specific duties of a company secretary vary depending on the position, size of the organisation, and the industry in which he or she works. However, tasks typically include:
- Instruct the chairman and board of directors of their duties according to the rules and regulations that apply to them and how these duties are to be performed.
- Assist the Chairman in ensuring that the Board of Directors works efficiently and effectively.
- Ensure good flow of information within the administrative board and its committees and between management and non-executive directors, and facilitate identification and, where appropriate, support professional development.
- Maintain good relations with shareholders and inform the Board of Directors of the opinion of shareholders.
- Develop and monitor systems that ensure that the company complies with all applicable codes in addition to their legal and regulatory requirements.
- Monitor changes in the relevant statutory and regulatory environment and take appropriate action.
- Supervise the day-to-day administration of the company, for example keeping legal books, including lists of members, directors and secretaries, arranging meetings of the board of directors and general assembly, compiling agendas and making minutes.
- Responsible for facilities, HR, insurance, investor relations, pension administration, registration of shares (this only applies to some company secretaries).
How much salary can a Company Secretary expect?
As with many jobs, salaries vary depending on your location, industry, and the size and type of organisation you work for. FTSE senior Company Secretaries may earn six-figure salaries and five-figure bonuses.
Can you become a Company Secretary?
We believe that a career as a Company Secretary is a good choice for anyone who:
- Have interest or knowledge of company law and/or management
- He can influence colleagues at the highest level
- There is a strong attention to detail Can write clearly and concisely It can receive and process a large amount of information Is trustworthy to keep confidential information.