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: Pre-Approved Suppliers Now Available for Reusable Non-Medical Masks
Pre-Approved Suppliers Now Available for Reusable Non-Medical Masks
In order to facilitate the sourcing and purchasing of masks at UBC, the Financial Operations team — in partnership with UBC’s Safety & Risk Services department — has secured non-exclusive contracts and fixed pricing with three qualified suppliers on an…
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Read more: UBC Completes Initial Transitioning of Funds Through the Responsible Investing Strategy
UBC Completes Initial Transitioning of Funds Through the Responsible Investing Strategy
As part of UBC’s commitment to a low-carbon, sustainable future and divesting the endowment, the university is pleased to share that $34M of endowment funds have been transitioned to fossil-fuel-free investments.
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Read more: Faculty and Staff Tax Slips for the 2020 Tax Year will be Available in Workday
Faculty and Staff Tax Slips for the 2020 Tax Year will be Available in Workday
This year, T4 tax slips (and T4As, where applicable) will be made available for faculty and staff through the Workday system before the end of February, in line with Canadian tax legislation.
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Read more: UBC planning $315 million facility expansion of medical research and nursing schools
UBC planning $315 million facility expansion of medical research and nursing schools
The Vancouver Urbanized blog shared an overview of some key projects planned for the Point Grey campus, including new health sciences facilities located at the main gateway into the campus.
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Read more: Claiming home office expenses — updated CRA guidance
Claiming home office expenses — updated CRA guidance
Recognizing the special circumstances of the 2020 tax year, the CRA has announced two new ways employees may be able to claim home office expenses.
People of the VPFO
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Read more: Kyle Fenton joins Infrastructure Development as Associate Project Manager
Kyle Fenton joins Infrastructure Development as Associate Project Manager
Kyle’s diverse range of professional skills within project management and project design and construction, coupled with his unique insights into different project roles will be a definite asset to the Project Services team.
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Read more: Bill Liu promoted to Procurement Officer in UBC Financial Operations
Bill Liu promoted to Procurement Officer in UBC Financial Operations
In his new role, Bill will play a key role in leading and completing RFx processes for purchases above $75K. The role is integral to the success of the Procurement Sourcing team by ensuring best procurement practices are being followed.
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Read more: Raymond Lum promoted to Subhead Metal Worker in Building Operations
Raymond Lum promoted to Subhead Metal Worker in Building Operations
Raymond has been in the metal shop at UBC for seven years and has a wealth of knowledge and experience in layout, fabricating, assembling, welding and installation. He was a participant in the Expression of Interest (EOI) program and is…
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Read more: Aligning enhanced safety and reducing risk for the university
Aligning enhanced safety and reducing risk for the university
In alignment with the VPFO and SRS strategic plan, Safety & Risk Services (SRS) is moving to the next step that builds on our strengths and opportunities to continue to align around enhanced safety and reduced risk for faculty, staff,…
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Read more: Cassandra Torres and Evan Lloyd join Safety & Risk Services as Management & Continuity Planning Advisors
Cassandra Torres and Evan Lloyd join Safety & Risk Services as Management & Continuity Planning Advisors
Cassandra Torres (she, her, hers) and Evan Lloyd join the Emergency Management team in Safety & Risk Services as Emergency Management & Continuity Planning Advisors. Their education and backgrounds in emergency response will be great assets to the team.