Sunday, September 25, 2011

Job Description of a Corporate Secretary: The ABCs

Nature of work

    A corporate secretary is responsible for a corporation’s legal and financial transactions. This person acts as the official record keeper of the corporation and is usually supervised by a corporate executive, such as the President or the CEO.

Duties and Responsibilities

    A corporate secretary is expected to perform the following duties:

•    Arrange board meetings and notify expected attendees
•    Draft contracts and board resolutions
•    Keep important records and files
•    Prepare letters, reports and presentations
•    Take minutes of the meetings


Requirements

1.    Education

A Bachelor’s degree is commonly required in order to qualify for the position of a corporate secretary. A legal background, though not essential, will be very helpful in the performance of the duties aforementioned.

2.    Knowledge

A corporate secretary must have an extensive knowledge of the following:

•    Principles of corporate governance
•    Corporate and securities law
•    Administrative procedures like record-keeping, word processing, presentations, stenography and audio transcription
•    English language including grammar, spelling and proper use of punctuations

3.    Skills and Abilities

A corporate secretary must possess the following skills and abilities:

•    Strong communication skills
•    Excellent computer and technology skills
•    Leadership skills
•    Mediation or negotiation skills
•    Critical thinking
•    Ability to multi-task
•    Ability to be flexible
•    Proactiveness


Earnings

The salary of a corporate secretary is measured based on the person’s experience and skills, and the type, size and location of the corporation where the secretary works. The median annual pay is around $40,000.

For more detailed career guide please visit: Secretary Job description.