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: Holly Shepherd joins UBC as Tax Manager
Holly Shepherd joins UBC as Tax Manager
Holly is joining the Treasury group as the university’s new Tax Manager, supporting the community with advising for tax-related matters, as well as general oversight of UBC’s tax strategies.
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Read more: Sarah Goold Joins Treasury as Manager, Financial Planning & Analysis
Sarah Goold Joins Treasury as Manager, Financial Planning & Analysis
A UBC Alumna, Sarah will partner with departments across the university to assist and monitor the main drivers of revenue and expenses at UBC. She will also develop and evaluate strategic options and alternatives on financial decisions that impact the university,…
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Read more: UBC Outlines Budget for 2020/21
UBC Outlines Budget for 2020/21
The Board of Governors has approved UBC’s budget for the 2020/21 fiscal year, outlining spending priorities and considering the potential impact of COVID-19.
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Read more: 2019/2020 Consolidated Financial Statements Now Available
2019/2020 Consolidated Financial Statements Now Available
Our consolidated financial statements reflect the assets, liabilities, revenues and expenses of UBC. They are prepared according to accounting standards, audited by our external auditors and reported to the Province.
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Read more: UBC Continues Commitment to Mitigating Climate Change, Signs Principles for Responsible Investment
UBC Continues Commitment to Mitigating Climate Change, Signs Principles for Responsible Investment
The university is pleased to share that UBC Investment Management Trust (IMANT) has signed the internationally-developed Principles for Responsible Investment on behalf of UBC and the UBC Staff Pension Plan.
People of the VPFO
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Read more: Parveen Mann joins UBC as Director, Human Resources
Parveen Mann joins UBC as Director, Human Resources
We are pleased to welcome Parveen Mann to the VPFO as our new Director of Human Resources, reporting to Vice-President, Finance & Operations, Peter Smailes, effective June 21.
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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: Leadership one-on-one with our Comptroller, Karamjeet Heer
Leadership one-on-one with our Comptroller, Karamjeet Heer
As UBC’s Comptroller, Karamjeet is responsible for ensuring the university’s fiscal sustainability by providing financial intelligence and strategy. This week she has been featured in the UBC Today Leadership One-on-One interview series.
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Read more: Yvonne Kwok promoted to Communications Manager, Facilities and Safety & Risk Services
Yvonne Kwok promoted to Communications Manager, Facilities and Safety & Risk Services
Yvonne Kwok will be expanding her role as Communications Manager, Facilities & SRS, effective Friday, May 21, 2021.
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Read more: Dawn Irmscher joins UBC as Director of Payroll
Dawn Irmscher joins UBC as Director of Payroll
Dawn brings a wealth of experience in finance, operations, technical, and systems implementation to the university, and most recently served as the Director of Finance for the Sooke School District in Victoria, BC.