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: 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.
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Read more: Siu Tse will be Acting Managing Director, Energy & Water Services
Siu Tse will be Acting Managing Director, Energy & Water Services
Today is David Woodson’s last day at UBC as Managing Director, Energy & Water Services after 23½ years of outstanding service and many great memories. I am pleased to announce that Siu Tse will be Acting Managing Director, Energy & Water Services while we…