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: 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…
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Read more: Updated UBC Technical Guidelines
Updated UBC Technical Guidelines
The Technical Guidelines help to ensure that buildings and renovations are designed and constructed to optimize service life and minimize the whole life-cycle cost for the University.
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Read more: Delay in ordering UBC Visa cards
Delay in ordering UBC Visa cards
Due to office closure over the holiday season, UBC’s Credit Card team will hold off on ordering new UBC Visa cards starting from Thursday, December 15, 2022, until Tuesday, January 3, 2023.
People of the VPFO
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Read more: Sean Lynch steps into role as Acting Director, Custodial Service in Facilities
Sean Lynch steps into role as Acting Director, Custodial Service in Facilities
Starting June 6, Sean Lynch will be Acting Director, Custodial Service in Facilities. He joined UBC in 2011 in Student Housing & Community Services and joined Custodial Services as Operations Manager in 2017.
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Read more: Caroline Macleod promoted to Executive Assistant to Associate Vice-President, Facilities
Caroline Macleod promoted to Executive Assistant to Associate Vice-President, Facilities
Caroline brings a wealth of experience to this role and will be responsible for liaising with the wider University community and fostering working relationships with Senior Executives across the University. Caroline will be the primary contact person for John Metras,…
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Read more: Changes in the VPFO HR team
Changes in the VPFO HR team
We are pleased to announce a number of positive changes on the VPFO Human Resources team. We have prepared a service map to help you navigate these changes and understand the roles and assigned departments of our team members.
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Read more: Ernesto Castano joins UBC’s Financial Operations group as the Associate Director, Procurement
Ernesto Castano joins UBC’s Financial Operations group as the Associate Director, Procurement
Ernesto will play a vital role in leading the Procurement function to support our community in meeting their needs through the procurement and competitive bidding processes, leveraging Workday and Planon.
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Read more: Joan Mar and Entela Ifti step into new positions in the Financial Planning & Analysis team
Joan Mar and Entela Ifti step into new positions in the Financial Planning & Analysis team
In their new roles, Joan and Entela will work with the Assistant Comptroller to lead the FP&A team and support our partners across the university. Joan Mar will be joining as Director, Financial Planning & Analysis on June 16, and…