Welcome to the VP Finance & Operations portfolio
The nine divisions of the VPFO are responsible for the stewardship of UBC’s physical and financial assets, as well as safety and risk management for our university community.
We oversee a $3.98 billion budget, a $3.38 billion endowment, and all facilities on both campuses, as well as managing the university’s relationships with UBC Investment Management and UBC Properties Trust. In all the portfolio’s responsibilities, we are committed to the values of innovation, unity and accountability.
VPFO Strategic Plan 2024–2027
Having a strategic plan gives us a clear path, keeping everyone on the same page. Learn more about where we’re going next and how we plan to get there.
News from the VPFO
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Read more: T2200 Declaration of Conditions of Employment
T2200 Declaration of Conditions of Employment
UBC employees participating in the formal Hybrid Work Program may be eligible to claim home office expenses on their 2024 taxes under CRA’s updated guidelines. For more information, please visit the UBC Finance Portal.
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Read more: UBC joins national CASPAR initiative for sustainable procurement
UBC joins national CASPAR initiative for sustainable procurement
UBC is part of a new Canadian inter-university working group on sustainable procurement. The group is a collaborative forum with materials, training, and other knowledge-sharing opportunities for procurement practitioners at CAUBO member institutions.
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Read more: Scarfe Office Block is undergoing electrical renovation starting in May 2025
Scarfe Office Block is undergoing electrical renovation starting in May 2025
The electrical distribution system for the Neville Scarfe Complex is reaching the end of its lifespan and lacks the capacity to meet occupants’ future electrical needs. Construction on the Scarfe Complex Electrical Renovation is anticipated to begin in May 2025…
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Read more: What’s going on with the water? Pressure testing Jan. 27–Feb. 7
What’s going on with the water? Pressure testing Jan. 27–Feb. 7
Water supply will remain available during testing, although some buildings may experience mild discolouration in their water or minor water pressure variances. The water remains safe for use and consumption.
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Read more: UBC has successfully transitioned all our bank accounts to RBC
UBC has successfully transitioned all our bank accounts to RBC
As of January 24, 2025, UBC has successfully transitioned all our bank accounts to RBC, and all HSBC Canada accounts have been closed. The final phase (Phase 3) of the HSBC/RBC transition will focus on stabilizing and monitoring our accounts…
People of the VPFO
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Read more: Parveen Mann joins UBC as Director, Human Resources
Parveen Mann joins UBC as Director, Human Resources
We are pleased to welcome Parveen Mann to the VPFO as our new Director of Human Resources, reporting to Vice-President, Finance & Operations, Peter Smailes, effective June 21.
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Read more: VPFO Finance Realignments Following Workday Go-Live
VPFO Finance Realignments Following Workday Go-Live
Many members of our VPFO team played key roles in launch of Workday at UBC, and following the success of go-live we are ready to continue modernizing our core business processes, improve how we are structured, and transform the way…
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Read more: Leadership one-on-one with our Comptroller, Karamjeet Heer
Leadership one-on-one with our Comptroller, Karamjeet Heer
As UBC’s Comptroller, Karamjeet is responsible for ensuring the university’s fiscal sustainability by providing financial intelligence and strategy. This week she has been featured in the UBC Today Leadership One-on-One interview series.
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Read more: Yvonne Kwok promoted to Communications Manager, Facilities and Safety & Risk Services
Yvonne Kwok promoted to Communications Manager, Facilities and Safety & Risk Services
Yvonne Kwok will be expanding her role as Communications Manager, Facilities & SRS, effective Friday, May 21, 2021.
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Read more: Dawn Irmscher joins UBC as Director of Payroll
Dawn Irmscher joins UBC as Director of Payroll
Dawn brings a wealth of experience in finance, operations, technical, and systems implementation to the university, and most recently served as the Director of Finance for the Sooke School District in Victoria, BC.