The VP Finance & Operations Portfolio Provides Strategic Leadership and Support for UBC’s Academic Vision through Financial and Operational Management Excellence
The eight units of the VP Finance & Operations (VPFO) portfolio are responsible for the stewardship of UBC’s physical and financial assets. We oversee a $2.5 billion budget, a $1.2 billion endowment, and all university facilities. The VPFO also manages the university’s relationships with the UBC Investment Management Trust (IMANT) and UBC Properties Trust. In all the portfolio’s responsibilities, we are committed to the values of accountability and transparency.
News From the VPFO
February 15, 2019
Pink Shirt Day at the VPFO: February 27
Building Operations is hosting the entire VPFO for a portfolio-wide conversation about respect, diversity, and inclusion. All VPFO employees are invited on February 27 at 9:00 am to join their colleagues at the University Services Building for cake, coffee, and an opportunity to connect and talk about respect.
T4/T4A Statements Are Now Available Online
Faculty, staff, and student employees can now download their 2018 T4 and/or T4A statements for their tax returns via the Faculty and Staff Self-Service portal.
After the shaking stops: continuing to plan for a resilient campus
Since 2016, a team of UBC staff, leading faculty earthquake experts, and engineering consultants has been studying how to protect lives, research programs, infrastructure, and assets on the university’s Vancouver campus in the event of a catastrophic earthquake.
Financial Operations Opening Satellite Location
Financial Operations is pleased to announce an expansion to a second location in Wesbrook Village that will accommodate the growing Accounts Payable team.
Improving UBC’s Vendor Information
UBC works with thousands of vendors in the day-to-day operations of the university, ranging from clothing companies that produce uniforms for our student athletes, to telecommunications outlets that support our phone systems, to suppliers of industrial gasses that are used in lab research.
UBC Reporting
2018/19 Operating Budget
The VP Operations & Finance and VP Academic & Provost are committed to open and transparent reporting of UBC’s operating budget. Read our complete 2018/19 operating budget report.
VPFO Major Projects
Integrated Renewal Program
The Integrated Renewal Program is a multi-year business process transformation and system implementation program that will leverage the industry-leading cloud enterprise solution Workday to replace our current core administrative systems with a new integrated, user friendly, mobile-enabled platform.
Joint Occupational Health and Safety Committees (JOHSC) Project
Risk Management Services will be helping the Vancouver campus move from one large University Health and Safety Committee (UHSC)—which covers the entire campus—to a cluster of smaller Joint Occupational Health and Safety Committees (JOHSC), which will cover employee groups within a VP’s portfolio.
Procurement Modernization Project
Financial Operations has heard from the university community that it can be difficult, manual, and time-consuming to make purchases and payments on time. We have developed a plan of action to improve procurement across the university.
People of the VPFO
February 15, 2019
Yale Loh appointed University Treasurer, Vice-President, Finance & Operations portfolio
Yale brings extensive treasury experience with both private and public sector organizations and will continue to build strategic direction and leadership support for financial liquidity, capital financing, corporate borrowing, cash management, financial projects management, tax, leases, and revenue accounting on all UBC campuses.
Get to know: Paul Kwon, Business Support Analyst with Financial Operations
Paul loves to laugh. Whether hanging out at lunch with friends or his newborn daughter --- Paul is always ready to find the fun and be there for his co-workers, friends, and family.
Karen Oyhenart, Joins UBC as Director, Human Resources, VP Finance & Operations
Joining UBC in early January from Open Text and Telus, Karen will be embedded to lead the strategic planning, coordination, and implementation of human resources for the VPFO portfolio.