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: Michelle Yuen joins the Project Accounting team within Comptroller as a Financial Analyst
Michelle Yuen joins the Project Accounting team within Comptroller as a Financial Analyst
Michelle Yuen has joined the Project Accounting team within Comptroller as a Financial Analyst on January 27. She comes to us with a wealth of experience in regulatory reporting and analysis, most recently having worked with the Royal Bank of…
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Read more: Charles Creelman is promoted to Electrical Technical Specialist in Facilities’ Building Operations
Charles Creelman is promoted to Electrical Technical Specialist in Facilities’ Building Operations
Charles Creelman has been promoted to Electrical Technical Specialist (ETS) in Facilities’ Building Operations and will be starting in his new role on Monday, January 27. Join us in congratulating Charles on his well-deserved promotion!
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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: Crystal Liu joins UBC Facilities as a Buyer for Project Services
Crystal Liu joins UBC Facilities as a Buyer for Project Services
Crystal Liu is joining the sourcing team as a Buyer for Project Services on January 8. Before UBC, she was a Procurement Advisor and Supply Chain Planner at Suncor for 13 years.
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Read more: John Ede joins UBC Facilities’ Municipal Services as Contract Manager
John Ede joins UBC Facilities’ Municipal Services as Contract Manager
John will be joining UBC Facilities on January 13. He holds a Bachelor of Applied Science in Chemical Engineering, a Master of Public Policy and Global Affairs, and is a Certified Supply Chain Professional.