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: UBC has successfully transitioned all our bank accounts to RBC
UBC has successfully transitioned all our bank accounts to RBC
As of January 24, 2025, UBC has successfully transitioned all our bank accounts to RBC, and all HSBC Canada accounts have been closed. The final phase (Phase 3) of the HSBC/RBC transition will focus on stabilizing and monitoring our accounts…
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Read more: Leena Mahasen joins VPFO as Executive Director, Transformation and Strategy
Leena Mahasen joins VPFO as Executive Director, Transformation and Strategy
Leena Mahasen will be joining as an Executive Director, Transformation and Strategy in the VP Finance & Operations on Monday, February 10. Reporting to the VP Finance & Operations, Leena’s expertise and leadership will play a key role in driving…
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Read more: UBC supplier tax forms for 2024
UBC supplier tax forms for 2024
UBC mails out a copy of the tax forms (T4A and T5) every year by early February. Suppliers can also download tax forms directly from the Canada Revenue Agency (CRA) website.
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Read more: Masks required in health care facilities
Masks required in health care facilities
As of January 6, medical mask-wearing is required in all health care facilities in British Columbia where active patient care is being provided.
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Read more: HSBC Global Disbursements transitions to RBC International Pay
HSBC Global Disbursements transitions to RBC International Pay
As part of the HSBC-RBC transition, UBC is transitioning to RBC’s International Pay on January 17, 2025. Please note there is a difference in the level of supported currencies between RBC’s International Pay and the previous platform HSBC Global Disbursement.
People of the VPFO
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Read more: Steven Wong joins Comptroller’s Capital Financial Management & Reporting as Finance Manager in Project Accounting
Steven Wong joins Comptroller’s Capital Financial Management & Reporting as Finance Manager in Project Accounting
Steven will be working closely with Capital Planning & Development and Project Services, in Facilities, responsible for overseeing the financial aspects of Facilities projects. This includes project costing, funding, planning, and reporting to support the successful delivery of capital projects…
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Read more: Nikki Reiter and Betty Han join the VPFO Project Management Office as Continuous Improvement Program Manager
Nikki Reiter and Betty Han join the VPFO Project Management Office as Continuous Improvement Program Manager
Nikki joins the VPFO Project Management Office from the Integrated Renewal Program (IRP) – Student, where she served as Acting Associate Director, Transformation & Change Management leading a team of change management specialists to support UBC’s transition to Workday Student.…
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Read more: Alan Ehrenholz joins Facilities’ Municipal Services as Municipal Engineer
Alan Ehrenholz joins Facilities’ Municipal Services as Municipal Engineer
Alan will help enhance our technical expertise in civil engineering and asset stewardship. Alan’s passion and contribution towards community-oriented initiatives will help strengthen our equity, diversity and inclusion work while balancing the operational and maintenance needs for a resilient campus…
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Read more: Steven Lee is promoted to Learning Spaces team’s Senior Learning Space Planner within Facilities’ Infrastructure Development
Steven Lee is promoted to Learning Spaces team’s Senior Learning Space Planner within Facilities’ Infrastructure Development
Steven will be leading the Learning Spaces team within Facilities Planning and working closely with partners in AV IT and Scheduling Services to ensure the smooth operation and future planning for UBC General Teaching Space (GTS). Steven will be transitioning…
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Read more: Alicia Chan joins Capital Financial Reporting as Senior Financial Analyst in UBC Comptroller
Alicia Chan joins Capital Financial Reporting as Senior Financial Analyst in UBC Comptroller
Alicia brings diverse experience in financial reporting, long term capital planning and forecasting, interpreting complex financial data and effectively communicating to stakeholders. In her new role, Alicia will focus on the accurate reporting of our capital project funding and Deferred…