Sobita Budhathoki
General Manager-Greenlife Hydropower Limited
Kathmandu
Summary
- CFA Level 3 candidate- August 2024
- A manager with strong background in Financial analysis, budgeting and forecasting.
- Believes in continuous research and learning
Overview
8
8
years of professional experience
2
2
Certifications
Work History
General Manager
Greenlife Hydropower Limited
6 2023 - Current
- To provide the strategic direction and leadership to the Hydropower division, aligning with the company’s overall goals and objectives
- Oversee the planning, development and execution of the project ensuring it is completed on time and within the budget
- Stay up-to-date with the relevant laws, regulations and permits related to the hydropower project and ensuring compliance in all operations
- Manage the division’s budget effectively, optimize resource allocation, monitor every performance to achieve its profitability goals
- Build and lead a high-performing team, fostering a culture of collaboration, innovation and safety
- Maintain positive relationships with government authorities, partners, investors and local communities, fostering goodwill and cooperation.
Researcher
National Planning Commission
10.2021 - 12.2022
- To analyze the current situation of the informal sector in Nepal and identify its interrelationships with the formal sector
- To study the contribution of this sector to Nepal's economy, employment and poverty alleviation especially in achieving SDGs by finding appropriate methods of measuring informal economy
- To analyze the existing policy gap in Nepal by studying the informal sector management practices of neighboring countries like India, China, Bangladesh, etc.
Finance Manager
MV Dugar Hydro Division
09.2019 - 12.2021
- Review of daily, weekly and monthly fund position of PNG and Nasa in order to manage the fund (BG, Term loan) from banks as per inflow and outflow of fund
- Handling all L/C transaction issues with suppliers and banks (e.g., issuance, amendment, monitoring, setting terms & condition, follow up, document checking, payments etc.) as per contractual agreement
- Handling all bank guarantees related to advance payment, under L/C & performance guarantee to be checked review & monitor in line with L/C terms
- Ensure that monthly progress reports, cost audit of all the projects in operation are done on time & submit the reports to the concerned banks
- To maintain proper record of status of loans from the banks and equity positions in line with terms of SLA with lead banks
- Execute the process of rating facility Agreement for all the hydro projects as per the agreement between Care Nepal and MV Dugar Hydro Division
- To coordinate FDI Procedure for Mogha Energy and ensure its regulatory compliance in all countries is completed in time
- Ensure refinancing activities as per NRB’s directives has been done in coordination with consortium lead banks of all hydro projects
- Liaison with different departments of NRB, Auditors, Financial Consultant for the smooth operation of finance department
- Handling all the insurance related activities i.e., CAR Contractor’s All Risk Insurance Policy, Motor Insurance, General Personal Accident Policy etc
- For the project and sister concern “Sumo Construction and Engineering Pvt
- Ltd”
- In co-ordination with Oriental and NLG insurance
- Efficient planning, execution, monitoring and control the overall financial department.
Financial Research Analyst
Bashyal & Company Pvt. Ltd
08.2017 - 09.2019
- Prepared `investment policy statement’ for institutional and individual clients
- Prepared and drafted credit rating modules and methodologies for local government of Nepal and `Municipal development Fund; tested and validated those models
- Prepared and validated equity research module including DCF, Comparable company analysis, comparable transaction models for Nepalese Commercial Banks, Development Banks, finance companies, Insurance companies including life and non-life insurance company
- Prepared and developed company valuation models for privately held companies including hotels, hydropower, real estate, housing company etc
- Performed financial forecasting, reporting and risk metrics tracking through the analysis of Nepalese fiscal and monetary policy
- Analyzed financial data- and performed a financial modeling for various ‘what-if’ business scenarios so as to quantify on the revenue and cost and its impact on gross margin for the project.
Management Consultant
Hydroelectricity Investment and Development Company Ltd. (HIDCL)
12.2015 - 07.2016
- Reviewed procurement, restructure, project /program in the domain of management and corporate finance of HIDCL
- Provide opinion to support decision making and direction using expert knowledge and external perspective - i.e
- To advice on investment, service improvement projects, risk mitigation, business case development, organizational change management, performance improvement
- Use external and independent expertise to provide direction and guidance/validation around a particular issue to the management e.g
- Contractual disagreement, interdepartmental dispute, and service /product failure
- Use an independent non-aligned party to mentor key people, support a change program
- Support the management to save time and cost on progressing any of the above by leveraging wider industry experience and knowledge - i.e
- To avoid making costly and time-wasting mistakes.
Education
Master’s in Business Executives (MBA) - Corporate Finance
University of Wales, Trinity Saint David
London2014
BA (Hons) in Business Management -
University of Gloucestershire
United Kingdom2012
Higher Secondary Education Board +2 in Managerment -
Ashirwad College Kathmandu
Nepal2007
School Leaving Certificate
Tripura Glorious Academy
Nepal2005
Skills
Proven strength in problem solving, coordination and financial analysis
undefinedCertification
Chartered Financial Analyst (CFA) – Level 2 Passed, Charlottesville, VA, USA
Training
- Management Development Programme held at London School of Commerce on Thursday 7th June 2012
- Training programme on ‘Commodity Derivatives’ at Pioneer Professional Academy in association with Merchantile Exchange Ltd on 13th February 2016
- Training programme on ‘Nepalese Stock Market’ held from 28th March 2016 to 15th April 2016
- Successfully completed the online three months course on ‘Complete Financial Analyst Progamme (CFAP)’ from Finance Walk (Finance made Simpler), Delhi from 09/01/2016-15/04/2016
References
- Kesang Dikee Lama, Managing Director, Greenlife Hydropower Ltd., Kamalpokhari, Kahtmandu, Nepal, 01-4411373, kesang@greenlifehydropower.com.np
- Purna Man Napit, CFO, MV Dugar Hydro Division, Laxman Babu Bhawan, Naxal, Kathmandu, Nepal, +977-01-4414104 Ext:109, 9801035448, purna.n@mvdugarhydro.com
- Hemanta Bashyal, CFA, FRM, CEO, Bashyal & Company Pvt.Ltd., New Baneshwor 10, Kathmandu, Nepal, 01-4104128,9861755358, info@basnco.com.np
Timeline
Researcher
National Planning Commission
10.2021 - 12.2022
Finance Manager
MV Dugar Hydro Division
09.2019 - 12.2021
Financial Research Analyst
Bashyal & Company Pvt. Ltd
08.2017 - 09.2019
Management Consultant
Hydroelectricity Investment and Development Company Ltd. (HIDCL)
12.2015 - 07.2016
Associate Member of Association of Business Executives (ABE, UK)- " Travel, Tourism and Hospitality Management " (Advance Diploma, Diploma)
10-2008
General Manager
Greenlife Hydropower Limited
6 2023 - Current
Master’s in Business Executives (MBA) - Corporate Finance
University of Wales, Trinity Saint David
BA (Hons) in Business Management -
University of Gloucestershire
Higher Secondary Education Board +2 in Managerment -
Ashirwad College Kathmandu
School Leaving Certificate
Tripura Glorious Academy
Chartered Financial Analyst (CFA) – Level 2 Passed, Charlottesville, VA, USA
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