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.

Skill Level

1

Unless you are exempt in very limited circumstances, you are required to have a positive Skills Assessment to apply for the visas listed above.

Skills Assessment authority for Company Secretary is Vocational Education and Training Assess (VETASSESS). To To have a positive skills assessment, you must meet the following criteria:

• Three pathways for skills assessment by VETASSESS
  • Pathway A – Qualification(s) assessed at AQF Bachelor degree or higher degree with a highly relevant field of study and at least one year of post-qualification highly relevant employment at an appropriate skill level in the last five years;
  • Pathway B – Qualification(s) assessed at AQF Bachelor degree or higher degree with an additional qualification at least Australian Qualifications Framework (AQF) Diploma level in a highly relevant field of study and at least two years of post qualification highly relevant employment at an appropriate skill level in the last five years;
  • Pathway C – Qualification(s) assessed at AQF Bachelor degree or higher degree without a highly relevant field of study and at least three years of post-qualification highly relevant employment at an appropriate skill level in the last five years;
• Note: For pre-qualification employment (if all of your employment is before your qualification assessed at the AQF bachelor degree level), five years of highly relevant employment in addition to at least one year of highly relevant employment at an appropriate skill level in the last five years.

conduct audits of accounting systems, procedures and financial statements, manage corporate funding and financial risk, and administer and review corporate compliance activities.

Tasks

• 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
• controlling treasury and treasury systems and establishing and reviewing risk management objectives and treasury policies
• identifying, managing and reporting on financial risks
• assisting with equity management, debt management, securities and taxation planning issues
• collecting, analysing and interpreting information on the financial standing, cost structures and trading effectiveness of organisations
• devising, re-organising and establishing budgetary cost control and other accounting systems such as computer-based systems
• conducting audits and investigations and preparing financial statements and reports for management, shareholders, and governing and statutory bodies
• evaluating the cost effectiveness and risks of operational processes, activities, policies and systems
• reporting to management on the existence and effectiveness of the system of internal controls
• establishing audit objectives, and designing and implementing audit methodologies, processes and audit report criteria

Skill Level

Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification. In the case of Corporate Treasurers and Company Secretaries, at least five years of relevant experience may substitute for the formal qualification (ANZSCO Skill Level 1).

Registration or licensing may be required.

Occupations in this Group

• 221211 Company Secretary
• 221212 Corporate Treasurer
• 221213 External Auditor
• 221214 Internal Auditor