Company Secretary ANZSCO Code 221211

Company Secretary (ANZSCO 221211) is a high-level governance professional who is expected to ensure that an organisation fulfills all corporate, legal and regulatory responsibilities. As the main advisor to the board of directors, they protect the integrity of the corporate governance systems and assist the organisational activities that are transparent and compliant. Their fundamental roles are in statutory compliance such as preparation and submission of the necessary documents, keeping their company registers, their corporate records and also making sure that they comply with the statutory regulations. Their functions include the organisation of the board and committee meetings, development of agendas and minutes, coordination of communications among the directors and provision of timely information to facilitate wise strategic decision-making. The Company Secretary exercises these functions to ensure the presence of effective and consistent governance mechanisms in the organisation.

In addition to statutory compliance, Company Secretaries have a significant part to play in risk management, internal policy formulation as well as strategic planning. They help in reporting financial services, liaise with auditors, and manage the monitoring of controls within the organization. As an intermediary between the board, executives, the shareholders, and the regulators, they make the communication easy and contribute to the preservation of healthy stakeholder relationships. They also coordinate governance or administrative personnel in most organisations, maintain confidential files and assist in the development and enforcement of corporate policies. They too extend their work to making disclosure statements, scrutinizing corporate structures, making sure that annual general meetings have been conducted properly and advising directors on their legal and fiduciary duties.

The job will require an individual with a professional qualification in legal skills, business acumen and sound organisational skills. A Company Secretary should have a high level of communication, moral sense and the knowledge of corporate law, financial operations and governance. The job is classified as a Skill Level 1 job and usually needs a university degree in law, accounting, business or governance in addition to a long working experience in corporate administration or governance roles. The environment working conditions differ in private corporations, government agencies, non-profit organisations, and government agencies with meetings usually organized beyond the normal office hours. The role of the Company Secretary is, in the end, to make sure that the organisation is acting responsibly, ethically, and in total compliance with the statutory expectations, which makes the position important in terms of upholding efficient and reliable corporate governance.

 

  • Tone
  • Accuracy
  • Speed
  • Behaviour
Skill Level:1
Alternative Title:Compliance Secretary
Migration Strategy:CSOL
ANZSCO Code:221211
Company Secretary

Company Secretary Job Description, Responsibilities, and Education Requirements

Indicative Skill Level:

In Australia and New Zealand:

Most of the careers in this unit group are of a level of skills that can be compared to that of a university degree or even more. At least five years of relevant experience can be taken as an alternative to formal credentials. In certain cases, in addition to the formal qualification you might also require a relevant experience and/or training in the workplace (ANZSCO Skill Level 1)

Tasks Include:

  • Arranging, giving notice of and attending meetings of directors and shareholders.
  • Advising organisations’ governing boards on matters concerning compliance with stock exchange listing rules, relevant legislation and corporation practice.
  • Supervising organisations’ share capital by preparing documents and share issues, and handling share transfers.
  • Advising the board and its committees on governance matters.
  • Monitoring to ensure that board and committee policy and procedures are followed.
  • Coordinating the timely completion and despatch of board and committee papers.
  • Ensuring that the business at board and committee meetings is accurately captured in the minutes.
  • Helping to organise and facilitate the induction and professional development of directors.

Occupations:

  • Company Secretary
  • Corporate Treasurer
  • External Auditor
  • Internal Auditor

 

Company Secretary Average Income

$ 114,613

Post: Company Secretary

Average Age:

$ 133,355

Post: Company Secretary

Average Age:

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Australian Visa Options for a Company Secretary

Applicants who want to work under the Company Secretary (ANZSCO 221211) occupation need to fulfill a number of core requirements in spite of the visa subclass. In the case of score-tested visas, one should be younger than 45 years of age during the time of invitation. This occupation requires a positive skills assessment by the appropriate authority which is VETASSESS. Competent migration routes also ask one to demonstrate fluent English, even an IELTS category of 6.0 in either band or an identical exam score. In the case of points tested visas, 65 points is the minimum but much higher points are generally required to obtain an invitation. The candidates should also meet all health and character standards that have been established by the Department of Home Affairs.

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