Indian Railway Accounts Service (IRAS)

• Cadre size: 500 posts (direct recruitment – 50%, promotion – 50%).

Organization of Department

• The Finance and Accounts functions are integrated with the executive at all levels in the Railways.
• Apex level hierarchy: Financial Commissioner (Railways) is assisted by Additional Member (Finance), Additional Member (Budget), Adviser (Finance) and Adviser (Accounting Reforms) in–charge of Budgeting, Expenditure, Earnings, Accounting and Accounting Development/Reforms.
• Zonal level hierarchy: General Manager is assisted by the Financial Adviser and Chief Accounts Officer along with his assistants.
• Divisional level hierarchy: Divisional Railway Manager is assisted by the same structure as in the zonal level.

Functions of the Officers

Main functions:

• Advice management on financial matters and maintain accounts.
• Settle all claims against the railways, arising out of those transactions which it finds to be legitimate and regular.
• Divisional Level: Arrangement of Railway’s staff payment, work contractor’s payment and miscellaneous payment.
• Produce periodical statistics of operation, workshop repairs, commercial results, stores transactions, etc.
• Supervision of computers on Indian Railways.

Service Hierarchy