UPSC exams: Indian Railway Accounts Service (IRAS)
Posted on: 06:34 PM IST Jul 10, 2012
The Indian Railway Accounts Services (IRAS) was formed in the year 1929. IRAS is one of the Group A Central Civil Service of India. The cadre controlling authority for IRAS is the Executive Director.
Cadre size: 500 posts (direct recruitment: 50%, promotion: 50%).Organization of DepartmentThe 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) incharge 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- 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 Railways staff payment, work contractors payment and miscellaneous payment.- Produce periodical statistics of operation, workshop repairs, commercial results, stores transactions, etc.- Supervision of computers on Indian Railways.