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: Staying safe in the summer weather
Staying safe in the summer weather
As the temperatures rise, learn how to identify signs and symptoms, the risks related to heat-related illnesses and how to protect yourself by completing the Heat Stress Awareness course. It is important to recognize the signs and symptoms early on…
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Read more: Streamlining backfills and recruitment for Custodial Services
Streamlining backfills and recruitment for Custodial Services
Custodial Services will be streamlining the process for identifying backfills and facilitating staff moves and recruitment. This change will help facilitate quicker moves of internal staff who are interested in moving to a new shift, and create a quicker turnaround…
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Read more: Working behind the scenes to ensure a safe and efficient campus
Working behind the scenes to ensure a safe and efficient campus
As our campus winds down for the summer term, Facilities’ Energy & Water Services has been busy ensuring safety and smooth operations throughout our campus.
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Read more: Read UBC’s 2023 Annual Financial Statements
Read UBC’s 2023 Annual Financial Statements
The Annual Financial Statements for year ended March 31, 2023, is now available on the UBC Finance website. UBC’s consolidated financial statements reflect the assets, liabilities, revenues and expenses of UBC, covering the fiscal year from April 1 to March…
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Read more: UBC Investment Management releases 2022-23 Performance Results
UBC Investment Management releases 2022-23 Performance Results
UBC Investment Management is pleased to release FY22-23 performance highlights on behalf of the funds the firm manages: the UBC Main Endowment Pool and the UBC Staff Pension Plan (SPP). All results as of March 31, 2023.
People of the VPFO
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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.
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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.
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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.