Mohammed Bayahya, the Chief Financial Officer of the National Care Company for Manufacturing (NCC), has established himself as a prominent financial leader in Saudi Arabia. He represents a significant shift in the finance sector, transforming it from a traditional control function into a strategic partner for business growth and the creation of long-term value.
As NCC’s CFO, he has consistently demonstrated exceptional leadership in domains like financial transformation, strategic execution, and governance excellence, delivering sustainable impact across the organisation. He is a key figure in transforming how finance operates, spearheading comprehensive initiatives that improved efficiency, transparency, and the quality of decision-making within NCC’s operational ecosystem.
Mohammed Bayahya, through his visionary leadership, has transformed finance into a forward-looking partner to the business, supporting both operational excellence and strategic ambitions.
A strong advocate of innovation, he led large-scale finance and ERP transformation initiatives, significantly improving NCC’s financial agility and data reliability. In addition to strengthening the Kingdom-based detergent manufacturer’s core ERP environment, Bayahya successfully implemented Oracle Enterprise Performance Management (EPM) and Oracle Fusion Data Intelligence (FDI) as part of the company’s finance and performance management transformation.
“The Oracle EPM implementation has enabled structured planning, budgeting, forecasting, and financial consolidation across the organisation. It has improved governance through standardised assumptions, controlled workflows, version control, and audit trails, while enhancing management’s ability to run scenario analysis and stress testing – particularly important in an IPO readiness context. At the same time, the Oracle FDI implementation has established a centralised, automated data and analytics layer by integrating data directly from Oracle Fusion ERP and other sources. This has eliminated manual data manipulation, improved data accuracy and timeliness, and enabled real-time dashboards and KPIs for finance, sales, supply chain, and working capital monitoring,” he told the International Finance.
Together, these systems are providing an end-to-end performance management and reporting ecosystem for NCC, improving financial visibility and transparency, decision-making speed and quality, internal controls, data integrity and management and board-level reporting readiness.
“This technology foundation significantly strengthens our IPO readiness, apart from supporting financial due diligence, and aligns our reporting and analytics capabilities with listed-company standards,” Bayahya noted.
As part of leading his company’s IPO readiness journey, Bayahya, using technology’s helping hand, aligned NCC’s financial reporting, governance, internal controls, and performance management with listed-company standards. He acted as the primary finance counterpart to banks, external consultants, auditors, and legal advisors, ensuring readiness for due diligence, valuation, and investor scrutiny.
Apart from partnering with the CEO and executive leadership to translate the company’s growth strategy into a credible, investor-ready financial and operating plan, Mohammed Bayahya took things further by ensuring NCC’s strategic initiatives were supported by robust financial modelling, capital allocation discipline, and KPI frameworks aligned with IPO and long-term shareholder value creation.
Through disciplined financial stewardship and strategic insight, he delivered measurable business impact by driving sustainable profitability, cost optimisation, and informed executive decision-making. His proactive leadership ensured the detergent manufacturer registered a 21.5% revenue uptick, in addition to ensuring +13.8% EBITDA margin improvement, through cost discipline and margin-focused decision making. There was also a gross margin uplift of more than 3%, driven by pricing discipline and mix optimisation. Net profit growth, on the other hand, went up by more than 18%. CAGR was at 6%, outpacing the industry average of 3.5%.
Cash conversion cycle got reduced by 48 days compared to the prior year. Bayahya’s visionary leadership has also resulted in NCC currently maintaining fiscal stability with a 10% reduction in operating costs. Perhaps, the biggest shift has been the company shifting its reliance on internally generated cash rather than loans by improving working capital, which reduced interest cost by 52%.
Widely recognised for his people-centric leadership, the ability to build high-performing finance teams and acting as a trusted advisor to executive leadership and boards, Bayahya’s tech-driven and strategic guidance brought NCC’s biggest turning point during the 2023/24 financial year, as the company increased its net income by 96%, creating opportunities for reinvestments in the company’s innovation and expansion-related efforts.
Under his leadership, metrics like lower debt to equity, healthy ROIC (Return on Invested Capital), consistent healthy current ratios (underscoring NCC’s solid short-term solvency), outstanding inventory operations and enhanced procurements and relationship with suppliers all point to one thing: Mohammed Bayahya’s outstanding leadership, transformational impact, and strategic financial excellence have turned NCC into a profit machine.