How To Become A Company Secretary
A “secretary” is frequently pictured as someone who takes notes from the boss, follows rules set by upper management, and serves refreshments to guests. A company secretary, together with the CEO, CFO, and managing director, dispels this unfounded notion by being acknowledged as significant executive employees. Making a profession as a corporate secretary is quite rewarding because companies strive to solidify their position among the top industrial and economic organizations in the globe. The key components of the issue of how to become a company secretary in the quickly expanding industry will be explained in this blog.
Who is an organization /company secretary?
An internal legal advisor or compliance officer is known as a company secretary (CS), and their job is to guarantee that the business is run effectively. They are specialists in the business and securities laws that govern statutory and legal compliance and the execution of the authorities’ decisions. Additionally, they serve as the board of directors’ principal advisor, offering suggestions on how to make financial reports, manage business, build corporate strategy, handle conflict of interest scenarios, etc. It’s critical to be familiar with their roles in a company in order to comprehend how to become a company secretary.
What qualifications are required?
Without any formal education, it is possible to get to the job of corporate secretary, but employers typically choose to hire graduates with a diploma or degree in business studies, management, economics, accounting, mathematics, or law. majority of business secretaries enter a career after completing professional education to become an attorney or accountant. Posts for graduate trainees are few and face intense competition. Additionally, gaining prior professional administrative or commercial work experience is typically a need.
In South Africa, are company secretaries in demand?
Chartered Secretaries are in demand due to their diverse set of abilities, expertise, and moral principles (especially integrity, professional discipline and the willingness to maintain knowledge currency through continuing professional development).
Is working as a business secretary a smart career choice?
They manage a more powerful position, which offers chances and room for ideas and opinions. Employment satisfaction is one of the numerous benefits of this job, and CS advances to a higher management position relatively early in his career. Consequently, they also gain respect in a favorable working conditions.
Who chooses the corporation secretary?
Within 40 days of the company’s incorporation, the incorporators, the directors, or the shareholders through an ordinary resolution may all appoint the person, or they may do it later.
Which personality type is most suited to this work?
Company secretaries need to be confident people. They must have an excellent sense of detail. They must be disciplined, methodical in their approach, and capable of working under time constraints. Additionally essential are sound time management abilities.
What do Company Secretaries earn in South Africa?
The average company secretary salary in South Africa is R 610 000 per year or R 313 per hour. Entry-level positions start at R 244 500 per year, while most experienced workers make up to R 7 800 000 per year
Institutions that offer company Secretariat courses in South Africa
False Bay TVET College
National Certificate: Business Management N4 – N6
National Certificate (Vocational): Office Administration
SA Institute of Chartered Secretaries and Administrators
Training: Company Secretary (CIS)
www.icsa.co.za
University of Pretoria
Bachelor of Commerce: Accounting Sciences; LLB Law
www.up.ac.za
University of Stellenbosch
Bachelor of Accounting; LLB Law
www.sun.ac.za
UNISA
Bachelor of Accounting Science
www.unisa.ac.za
University of the Witwatersrand
Bachelor of Accounting Science; Bachelor of Commerce: Accounting Sciences
www.wits.ac.za
