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(a) Maintaining accounts of the railway in accordance with prescribed rules;
(b) Check with reference to rules or orders (known as “Internal Check”) of transactions affecting receipts and expenditure of the railway;
(c) Prompt settlement of legitimate claims against the railway;
(d) Tendering advice to the administration whenever required or necessary in all matters involving railway finance;
(e) Compilation of budgets in consultation with other departments and monitoring budgetary control procedures as laid down in extant orders and Code rules;
(f) Discharging other 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 relevant rules and orders and
(g) Ensuring that there are no financial irregularities in any transaction of the railway.
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