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: 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…
-
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…
-
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…
-
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,…
-
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
-
Read more: Joanna Huang steps into Finance Manager role supporting the VPHR and VPFO Admin portfolios
Joanna Huang steps into Finance Manager role supporting the VPHR and VPFO Admin portfolios
Since stepping into the Acting role in June 2022, Joanna has played an instrumental in supporting her client areas through a busy quarter-end and the start of the FY23 budget process.
-
Read more: Frank Laezza appointed Vice-President, Finance and Operations
Frank Laezza appointed Vice-President, Finance and Operations
Mr. Laezza will join us from Murdoch University, Australia, where he is Chief Financial Officer with responsibility for leading the university’s business and finance functions, as well as for the management of its financial and capital resources. Mr. Laezza will…
-
Read more: Gardenia Honório transitions into new role as Business Operations Manager within Facilities’ Customer Services and Informatics
Gardenia Honório transitions into new role as Business Operations Manager within Facilities’ Customer Services and Informatics
Gardenia will lead the Facilities Service Centre and Clerical teams and the Staff Records team, support training and other important Facilities initiatives including onboarding, safety training scheduling, IT device management, etc.
-
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.
-
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…