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: March 21 is the International Day for the Elimination of Racial Discrimination
March 21 is the International Day for the Elimination of Racial Discrimination
The 2022 International Day focuses on the theme Voices For Action Against Racism and aims, in particular, to highlight the importance of strengthening meaningful and safe public participation and representation in all areas of decision-making to prevent and combat racial discrimination.
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Read more: Enhancing UBC’s Financial Budgeting, Forecasting and Analysis Support
Enhancing UBC’s Financial Budgeting, Forecasting and Analysis Support
The Comptroller’s Budget Office team has seen increasing demand for complex future-facing financial analysis, expanded budget and forecasting support, and the integration of new technologies such as Workday. To better respond to these needs, the Budget Office team is reforming…
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Read more: Business Expense Rules will go live on April 1, 2022
Business Expense Rules will go live on April 1, 2022
The new Business Expense Rules have now been approved and will be available to the UBC community on April 1, 2022 on the UBC Finance website. In the meantime, you are welcome to review the Business Expense Rules document in…
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Read more: Energy conservation measures implemented in I.K. Barber Learning Centre
Energy conservation measures implemented in I.K. Barber Learning Centre
An energy conservation project was implemented to repair the heat pipe system in the main air handling units (AHUs) to improve thermal energy in the building. Upon completion, the building’s thermal energy demand has been reduced by ~22%, saving ~$11,000…
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Read more: Heat recovery chiller expansion in the Life Sciences Centre
Heat recovery chiller expansion in the Life Sciences Centre
In 2021, a third chiller module was added to an existing two-module heat recovery chiller to maximize more recoverable heat in the building. This additional chiller module will recover 5800 GJ of heat per year, equivalent to reducing thermal consumption…
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.