Heading into 2025, a good chief financial officer is crucial to the success of a business, as their role extends far beyond traditional financial oversight. That’s why the 2024 CFO of the Year Awards — presented by FEI Arizona — are more important than ever. Each day, azbigmedia.com is spotlighting a finalist for the 2024 CFO of the Year Awards. Today, meet Bill Ostmann, chief financial officer for Diversified Roofing.

Sponsors of the CFO of the Year Awards are JP Morgan Chase Commercial BankCBIZKeyserMarsh McLennan Agency and Vaco. Honor all the finalists and network with some of Arizona’s most influential business leaders by getting your CFO of the Year tickets here.

Bill Ostmann

Chief financial officer

Diversified Roofing 

Background: Ostmann, CPA, has a diverse range of work experience in finance and accounting. He has been CFO at Diversified Roofing since February 2022. Prior to that, he served as CFO at Allredi from November 2018 to February 2022.

Attraction to career: “I was attracted to the logic of it. It’s very common sense oriented and that’s kind of how I’m wired.”

Best part of the job: “I really enjoy developing people and developing talent and sharing my experience in a number of different areas.”

Evolution of CFO role: “The role of the CFO has changed dramatically since I started my career and I think data has become so important these days. Being able to analyze it, display it and communicate it to the members of management and the investors in critical today.”