Sanjeev Sharma
Summary
Accomplished financial leader with over 35 years at Indian Railways, driving fiscal transparency and strategic financial planning. Expert in government accounting and performance costing, successfully implementing innovative PPP initiatives and digital transformations. Proven ability to advise on accounting standards while fostering collaboration across teams to enhance operational efficiency.
Overview
38
38
years of professional experience
Work History
CFA/ NCRTC, formerly OSD/Accounts, Railway Board & FA&CAO, Northern Railway
Indian Railways
01.1988 - Current
- Spearheading financial management, preparation and presentation of Government Accounts and Appropriation Accounts to stakeholders including Parliament, to ensure regulatory compliance and fiscal transparency.
- Drove system enhancements and the digital transformation of accounting and banking processes, including the rollout of e-payments, e-pension payments, and e-receipts in Indian Railways.
- Oversaw the implementation of the New Pension System and GST integration across railway operations, while coordinating the shift to accrual-based accounting and conducting in-depth studies on performance costing to optimize resource allocation.
- Formulation and implementation of PPP initiatives in IR.
- Provided strategic advisory as Technical Advisor from Indian Railways to the Government Accounting Standards Advisory Board (GASAB), contributing to the development of robust accounting frameworks and best practices.
- Vising faculty for Railway financial management and accrual accounting initiative in IR.
- More than 35 years of managerial experience in accounting, audit, and financing in Northern Railway and Ministry of Railways at various administrative levels including Head of Department (HoD).
Head of Department
National Capital Region Transport Corporation (NCRTC)
Current
- Ensuring fiscal discipline and strategic financial planning, supporting the successful execution of this transformative infrastructure initiative.
- Managing critical functions in accounts, audit, finance, treasury, taxation, risk mitigation and financial operations for NCRTC, overseeing the financial management of India’s first Regional Rapid Transit System (RRTS) project.
Education
10th -
Central Board of Secondary Education
12th -
Central Board of Secondary Education
B.Com. (Hons) -
SGTB Khalsa College, University of Delhi
MBA -
Faculty of Management Studies, University of Delhi
LL.B. -
Faculty of Law, University of Delhi
PH.D. -
School of Business, University of Petroleum and Energy Studies
DehradunSkills
- Government Accounting
- Financial Management
- Establishment Rules
- Internal Audit
- Accounting and Costing Reforms
- Accrual Accounting
- Performance Costing
- Public Partnership Projects
- ERP
- Taxation
- Strategic Advisory
- Accounting Standards
- Commercial Accounting
- PhD Research
- Sustainable PPP Model
- Infrastructure Projects
Service
Indian Railway Accounts Service (IRAS)
Present Post
CFA/ NCRTC, formerly OSD/Accounts, Railway Board & FA&CAO, Northern Railway
Scale Of Pay On Retirement
Level 14, 7th CPC
Training
- Diploma in Project Management and Life Cycle Costing, American Railcar Industries, Missouri, USA, 12/01/15
- Training program on Diesel Locomotive technology, GEDLPL, Eeire, USA, 12/01/19
Papers Published
- A Comprehensive Review of Indian Railways Freight Business: Strategies for Regaining the Lost Ground and Future Prospects, Sharma, S., Kandpal, V., Gonzalez, E.S., Case Studies on Transport Policy, 2024, https://doi.org/10.1016/j.cstp.2024.101195
- Assessment of the implications of energy-efficient technologies on the environmental sustainability of rail operation, Sharma, S., Kandpal, V., Choudhary, T., Gonzalez, E.S., Agarwal, N., AIMS Environmental Science, 2023, 10, 5, 709-731, 10.3934/environsci.2023039, https://www.aimspress.com/article/doi/10.3934/environsci.2023039
- The Looming Storm: Pension Liabilities and the Impending Financial Crisis in the Railway Sector, Sharma, S., Tiwari, S., Kandpal, V., International Journal of Business Excellence, accepted for publication
- Rail Infrastructure—Journey Since Indian Independence and Beyond, Dhingra, T., Sharma, S., Infrastructure Planning And Management in India, Springer, https://link.springer.com/chapter/10.1007/978-981-16-8837-9_4, 2022
- Profitability and leverage analysis of Indian Railways- Impact of Cost based indexation, Singhania, M., Sharma, S., Cost Management, Thompson Reuters, 2017, July
- Cost Based Indexing of fare and freight to fuel price: innovative pricing policy for Indian Railways, Singhania, M., Sharma, S., Cost Management, Thompson Reuters, 2016, March/April
- Financial turnaround of Indian Railways (A), Singhania, M., Sharma, S., Emerald Emerging Market Case Studies, 2, 8, 2012, https://doi.org/10.1108/20450621211289485
- Financial turnaround of Indian Railways (B), Singhania, M., Sharma, S., Emerald Emerging Market Case Studies, 2, 8, 2012, https://doi.org/10.1108/20450621211289494
- Strategic Enablers for Successful PPP Projects in Indian Railways Infrastructure, Sharma, S., Tiwari, S., Kandpal, V., Gunasekaran, A., Chamola, P., under consideration for publication, Transport Policy Journal
Personal Information
Father's Name: Late Sh. I.D. Sharma
Timeline
Head of Department
National Capital Region Transport Corporation (NCRTC)
Current
CFA/ NCRTC, formerly OSD/Accounts, Railway Board & FA&CAO, Northern Railway
Indian Railways
01.1988 - Current
10th -
Central Board of Secondary Education
12th -
Central Board of Secondary Education
B.Com. (Hons) -
SGTB Khalsa College, University of Delhi
MBA -
Faculty of Management Studies, University of Delhi
LL.B. -
Faculty of Law, University of Delhi
PH.D. -
School of Business, University of Petroleum and Energy Studies