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: 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: Consolidating capital expertise in the VPFO
Consolidating capital expertise in the VPFO
We are pleased to announce the creation of a new Capital Financial Management team that will be responsible for the oversight and governance for UBC’s significant capital operations (i.e. over $1B ongoing/multi-year projects).
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Read more: Campus Security honours victims of the Kamloops Residential School
Campus Security honours victims of the Kamloops Residential School
This week, Campus Security has put on orange epaulets in shared grief and to pay our respects to the children of the Kamloops Residential School, their families and communities.
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Read more: Changes to support VPFO Finance priorities
Changes to support VPFO Finance priorities
Over the past few weeks, Vice-President Peter Smailes and our portfolio leadership team have shared their insights into how our unit priorities align with our portfolio strategic plan. We would like to share more specific details about one of those initiatives, a change to how the VPFO’s internal finance teams are structured.
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Read more: Operational Excellence Website Launches
Operational Excellence Website Launches
UBC and the VPFO are currently undergoing a series of transformational changes. Our new Operational Excellence team has been created to help us navigate these changes. Visit the newly launched website to learn more about what Operational Excellence does and…
People of the VPFO
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Read more: Esther Li promoted to Senior Financial Processing Specialist in Treasury
Esther Li promoted to Senior Financial Processing Specialist in Treasury
Reporting to Chen Shi, Treasury Accounting Manager, Esther will continue to be responsible for the incoming payments while playing a critical role in more complicated bank reconciliations and other banking side responsibilities.
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Read more: Creating inclusive spaces beyond the public realm
Creating inclusive spaces beyond the public realm
Jen Sheel takes pride in what her team does… and it shows. When you meet Jen, one of the first things you see is her dedication to making UBC a place that invites and builds connections. She fiercely believes that…
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Read more: Josephine Shen joins the Financial Planning and Analysis (FP&A) team as a Financial Analyst
Josephine Shen joins the Financial Planning and Analysis (FP&A) team as a Financial Analyst
In her new role, Josephine will play a key role in developing the Strategic Initiatives’ multi-year forecasting model and maintaining various financial models (i.e. Contingency and PAEI) at UBC.
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Read more: Celebrating UBC VPFO’s long-serving member inductees in 2022
Celebrating UBC VPFO’s long-serving member inductees in 2022
The VPFO team has a number of long service member inductees this year. This is an amazing personal accomplishment for the individuals and a true testament to their devotion to service at UBC.
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Read more: Holly Shepherd promoted to Director, Treasury
Holly Shepherd promoted to Director, Treasury
Holly Shepherd has been promoted to Director, Treasury with overall responsibility for overseeing tax, contracts, leases & licences, housing loans, payment card industry compliance, service levy and Treasury Accounting.