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
-
Read more: Help reduce energy use and emissions over the winter break
Help reduce energy use and emissions over the winter break
Every action counts! This holiday season help save energy as part of UBC’s Seasonal Shutdown, which lowers the temperature in buildings during the winter break to reduce energy use and emissions on campus.
-
Read more: Our Strategy in Action — Our New VPFO Feature Series
Our Strategy in Action — Our New VPFO Feature Series
To illustrate the vision, values and priorities that animate our Strategic Plan, the VPFO has launched a quarterly story series that looks at the connection between people on our VPFO team, and how their individual efforts enable us to collectively…
-
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.
-
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…
-
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…
People of the VPFO
-
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.
-
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…
-
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.
-
Read more: Celebrating UBC VPFO’s long-serving member inductees in 2022
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.
-
Read more: Holly Shepherd promoted to Director, Treasury
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.