| S. No. | Details |
| 1 | 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. |
| 2 | Scrutiny of the cases referred to the Finance Branch and advice to the administration whenever required or necessary in all matters involving railway finance. |
| 3 | Prompt settlement of proper claims against the Railway, seeing that there are no financial irregularities in the transactions of the railway. |
| 4 | The check with reference to rules or orders of transactions affecting the receipts and expenditure of railway. |
| 5 | Preparing and keeping the accounts of the railway in accordance with the prescribed rules. |
| 6 | Financial advice in tendering is part of its important functions. |
| 7 | To inspect on the spot the source documents maintained in the Executive Offices which are not sent to the Accounts Office. |
| 8 | 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. |
