Rai Ali Abbas, Aca
About Rai Ali Abbas, Aca
Rai Ali Abbas serves as the Head of Finance at CARMA in Dubai, where he has worked since 2022. He holds a Chartered Accountant designation from the Institute of Chartered Accountants of Pakistan and has experience in financial planning, banking relations, and strategic financial management.
Work at CARMA
Rai Ali Abbas serves as the Head of Finance at CARMA, a position he has held since 2022. In this role, he oversees financial operations and strategy within the organization, contributing to the overall financial health of the company. Prior to this role, he worked as a Finance Business Partner at CARMA from 2019 to 2022, where he collaborated closely with various departments to align financial goals with business objectives.
Education and Expertise
Rai Ali Abbas studied at The Institute of Chartered Accountants of Pakistan, where he earned his Chartered Accountant designation from 2008 to 2015, focusing on Accounting and Finance. He also pursued studies at the CFA Institute, achieving CFA Level 1 in Investments and Securities in 2017. His educational background equips him with a strong foundation in financial management and investment analysis.
Professional Background
Rai Ali Abbas has a diverse professional background in finance. He worked at News Group International as a Financial Planning and Analysis Manager from 2015 to 2019. Before that, he was a Senior Associate at KPMG for three months in 2014 and served as a Supervisory Senior in Audit & Assurance at KPMG from 2011 to 2015 in Pakistan. His experience spans various financial roles, enhancing his expertise in financial planning, analysis, and auditing.
Achievements in Financial Management
Throughout his career, Rai Ali Abbas has implemented significant financial systems and processes. He played a key role in integrating Microsoft Dynamics 365 with CRM and a custom-built .net employee self-service portal, which automated data capture and generated project profitability reports. He has also managed banking relations, securing enhancements of existing facilities and new ones in alignment with the Group Treasury Plan.
Collaboration and Strategy Development
Rai Ali Abbas has collaborated with senior leadership, including the CEO, CFO, and Regional Managing Directors, to develop long-term financial strategies. His role involved supporting business development and account directors with project pricing and contract reviews, ensuring that financial decisions align with the company's strategic objectives.