About : Indian Railway Accounts Service (IRAS)

INFO : Indian Railway Accounts Service (IRAS)
  • 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 is the Executive Director.
  • 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.
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Service Hierarchy

Grade

Pay scales
Designation in Field
Designation in Headquarters

Junior time scale

8000-13500
Assistant divisional accounts officer
Junior accounts officer/ Workshop Accounts Officer
Senior time scale

10000-15200

Divisional accounts officer

Deputy director

Junior administrative grade

12000-16500

Sr. divisional accounts officer / Dy. Financial advisor & CAO

Jt. Director

Selection grade

14300-18300

Sr. divisional accounts officer / Dy. Financial advisor & CAO

Director

Senior administrative grade

18400-500-22400

Financial advisor & CAO

Executive director

Higher administrative grade

22400-525-24500

Coordinating financial advisor & CAO

Additional member

Higher grade

26000 (fixed)

 

Financial Commissioner



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