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 embraces mass timber with $180 million Gateway Building
UBC embraces mass timber with $180 million Gateway Building
Wood construction allowed the University of British Columbia to represent three of its core values in designing the new Gateway Building: sustainability, personal well-being and Indigenous collaboration. The six-storey, 267,000-square-foot mass timber building is designed to be an iconic welcoming…
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Read more: Facilities teams work together to ensure an ideal exam experience for UBC students
Facilities teams work together to ensure an ideal exam experience for UBC students
Twice a year, at end of Term 1 and 2, Custodial Services and Municipal Services work together to set up Osborne Gym and Student Recreation Centre (SRC) Gym with 1,340 tables and chairs, to support and maintain an ideal exam experience…
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Read more: Increase in CRA Prescribed Interest Rate effective January 1, 2023
Increase in CRA Prescribed Interest Rate effective January 1, 2023
The CRA Prescribed Interest Rate will increase to 4% as of Jan 1, 2023. This is the interest rate used to calculate taxable benefits for employees from interest-free and low-interest loans, which will have an effect on future loans made…
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Read more: Final Settlement runs for 2022
Final Settlement runs for 2022
The final settlement (payment) runs for all Accounts Payable transactions will be occurring in the third week of December. In order to be included in the settlement run, the invoice/expense must be fully approved or matched to its purchase order,…
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Read more: This holiday season visit MOA before temporary 2023 closure
This holiday season visit MOA before temporary 2023 closure
The upcoming winter holidays present a final opportunity for visitors to explore the Museum of Anthropology at UBC before it closes for much of 2023. This temporary closure is to complete the seismic upgrades of the Great Hall and accomplish…
People of the VPFO
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Read more: 2022 Facilities Staff Excellence Award winners
2022 Facilities Staff Excellence Award winners
The UBC Facilities Staff Excellence Award Program provides recognition and rewards to staff who have demonstrated excellence consistently in the performance of their work and service to the university. This year, Facilities received over 60 nominations. Congratulations to our 2022…
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Read more: Congratulations to our successful CFE writers for 2022
Congratulations to our successful CFE writers for 2022
Please join UBC Finance in congratulating Wesam Mostadi, Accounts Payable Team Lead in the VP Finance & Operations, and Anas Qartoumeh, Finance Manager in VP Research and Innovation (VPRI) Portfolio in UBC Okanagan on passing their 2022 Common Final Exam…
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Read more: Sam Stephens transitions into permanent role as Director, Campus Security in Safety & Risk Services
Sam Stephens transitions into permanent role as Director, Campus Security in Safety & Risk Services
Sam has been a driving force in finding opportunities to build a stronger foundation for our Campus Security teams. His extensive experience in leading projects and teams within Compliance, Security, and Risk Management roles in the public sector will make…
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Read more: Strengthening Municipal Services’ Asset and Fleet Management Services within Facilities
Strengthening Municipal Services’ Asset and Fleet Management Services within Facilities
In order to enhance their technical expertise in civil engineering, asset stewardship and fleet management, UBC Facilities’ Municipal Services is pleased to welcome two new team members, Fiona Keating, Senior Manager, and Rishi Purohit, Fleet and Asset Manager.
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Read more: Making accountability personal
Making accountability personal
Thomas Straley — with 20 years of experience in Accounts Payable — is one of the lucky people who find their dream job early and build an endlessly rewarding career.