A Company Secretary plans, administers and reviews corporate compliance activities and effective practice concerning company board meetings and shareholdings, ensuring all business matters and transactions are managed and implemented as directed by the board.
Occupation description
A Company Secretary plans, administers and reviews corporate compliance activities and effective practice concerning company board meetings and shareholdings, ensuring all business matters and transactions are managed and implemented as directed by the board.
Occupations not considered suitable under this ANZSCO code:
- Secretary (General)
- Legal Secretary
- Personal Assistant
- Corporate Treasurer
These occupations are classified elsewhere in ANZSCO or are not at the required skill level.
Company Secretary is a VETASSESS Group B occupation
This occupation requires a qualification assessed as comparable to the educational level of an Australian Qualifications Framework (AQF) Bachelor degree or higher.
Applicants can fulfil the assessment criteria for this occupation in four different ways.
*Additional qualifications in a highly relevant field of study include those comparable to the following levels:
- AQF Diploma
- AQF Advanced Diploma
- AQF Associate Degree or
- AQF Graduate Diploma
***Bachelor Degree or higher includes:
- AQF Master Degree or
- AQF Doctoral Degree
**Highly Relevant paid employment duration (20 hours or more per week)
1-3
Minimum years of employment highly relevant to the nominated occupation, completed at an appropriate skill level in the five years before the date of application for a Skills Assessment.
4
Minimum 6 years of relevant employment required – Five years of relevant employment (can be outside the last 5-year period) in addition to at least one year of highly relevant employment within the last five years before applying.
*If employment is prior to the completion of the qualification at the required level, an applicant must have at least one year of highly relevant employment at an appropriate skill level within the last five years. The remaining five years of pre-qualifying period may be within the last ten years.
A positive assessment of both qualification level and employment duration is required for a positive Skills Assessment outcome.
Qualification and Employment Criteria
Employment
Highly relevant tasks include, but are not limited to:
- 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.
Additional tasks may include:
- 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.
Employment Information
Based on the size and resources of a company, the Company Secretary can be considered the chief governance specialist within an organisation, and it is a role which is increasingly relied upon by the board to provide advice and implement good governance practices.
Company Secretaries may have legal responsibilities in addition to their work in support of the board. These will vary according to the specific needs of the organisation.
Supporting material for assessment
Applicants nominating this managerial occupation must submit an organisational chart. An organisational chart should include:
- The company letterhead,
- Your job position,
- The job position of your superiors and subordinates, as well as,
- All positions reporting to your immediate supervisor and to your direct subordinates.
If you are unable to obtain an organisational chart from your employer, please provide a statutory declaration outlining the required information and the reasons why this information cannot be provided.
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