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: ELIMINATING BANK DRAFTS AS A FORM OF PAYMENT AT UBC
ELIMINATING BANK DRAFTS AS A FORM OF PAYMENT AT UBC
This summer, UBC’s Treasury department and the Accounts Payable unit in Financial Operations initiated a pilot project to move vendors requesting bank drafts to another payment method – with great success.
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Read more: Extension to IRP Workday Timeline
Extension to IRP Workday Timeline
The Integrated Renewal Program (IRP) governance conducted the first of three planned program readiness reviews on October 31. Following this review, a recommendation was issued to the Board of Governors to extend the timeline to ensure the successful implementation of…
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Read more: The Flow of Water: How the VPFO Safeguards UBC’s Critical Supply of H2O
The Flow of Water: How the VPFO Safeguards UBC’s Critical Supply of H2O
Water is a crucial resource at UBC, for basic human needs and to support research and operations. The simple act of turning on a tap to access a safe and reliable water supply is something students, faculty, and staff depend…
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Read more: Grab a sweater and prepare for a cooler campus
Grab a sweater and prepare for a cooler campus
The weather outside is cooling down, which means its time to wear warmer layers and close our windows to stay comfortable and save energy over the winter.
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Read more: SUGAR SHEET PAPER ALTERNATIVE NOW AVAILABLE TO UBC AT REDUCED RATE
SUGAR SHEET PAPER ALTERNATIVE NOW AVAILABLE TO UBC AT REDUCED RATE
Sugar sheet is manufactured using recycled sugarcane waste fibre. This “tree-free” product looks, performs, and feels just like paper — as well as being completely recyclable.
People of the VPFO
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Read more: Pam Corrigal joins the Capital Financial Management & Reporting (CFMR) team as a Financial Analyst
Pam Corrigal joins the Capital Financial Management & Reporting (CFMR) team as a Financial Analyst
Pam will play a key role in developing and implementing new policies and processes within Capital Reporting to enable effective financial management, providing detailed analysis for major and minor capital projects, and assisting with capital budgeting and reporting.
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Read more: Michael Guimond providing part-time support to the UBC Comptroller team
Michael Guimond providing part-time support to the UBC Comptroller team
In his interim role, Michael will support some of the key work to help ensure we have a successful year, including projects such as the development of the Fiscal 2023/24 Budget, quarterly forecasting activities, participation in stakeholder engagement and working…
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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.