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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A new Water Pump Station for the Point Grey campus
The final building handover is underway for the new Water Pump Station, located on University Boulevard and Education Road, next to the Henry Angus building.
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T4 / T4A Statements for Faculty and Staff Are Now Available
UBC faculty and staff can now access their payroll-related 2020 T4 and T4A tax slips for personal income tax returns through Workday. An active CWL ID and password are required.
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Pink Shirt Day 2021: Celebrate equity, diversity, and inclusion across the VPFO
The VPFO Equity, Diversity, and Inclusion (EDI) Committee presents Pink Shirt Day on February 24, 2021. The VPFO will be celebrating equity, diversity and inclusion across our portfolio with a virtual event and cookies for those working on campus. Join…
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UBC Facilities keeping priority routes clear over the long weekend
While many were out playing in the snow or bundled up by the fire, Facilities crews were on UBC campus ensuring the priority routes were clear so buses, emergency vehicles and those living and visiting the campus could move around…
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UBC Evaluated As Having “Outstanding Market Position” by Moodys
Bond credit rating company Moody’s Investors Service (commonly referred to as “Moody’s”) has given UBC an Aa1 rating, reflecting “an outstanding market position supported by robust student demand, and a very strong research reputation which has historically allowed the university…
People of the VPFO
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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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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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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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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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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.