Compilation of Budgets in consultation with other departments and monitoring the budgetary control procedures as may be laid down in the relevant orders and Code rules from time to time.
Scrutiny of the cases referred to the Finance Branch and advice to the administration whenever required or necessary in all matters involving railway finance.
Prompt settlement of proper claims against the Railway, seeing that there are no financial irregularities in the transactions of the railway.
The check with reference to rules or orders of transactions affecting the receipts and expenditure of railway.
Preparing and keeping the accounts of the railway in accordance with the prescribed rules.
Financial advice in tendering is part of its important functions.
To inspect on the spot the source documents maintained in the Executive Offices which are not sent to the Accounts Office.
Management accounting functions such as providing financial data for management reporting, assisting inventory management, participation in purchase/contracting decisions and surveys for major schemes in accordance with the relevant rules and orders.
Source : Northern Railways / Indian Railways Portal CMS Team Last Reviewed : 04-03-2024
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