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: Polina Sefin joins as Service Centre Coordinator within Customer Services & Informatics, Facilities
Polina Sefin joins as Service Centre Coordinator within Customer Services & Informatics, Facilities
When dealing with inquiries and supply chain-related issues, Polina’s approach is to always work collaboratively with diverse stakeholders and aim for the best outcome of each request received. Her robust customer service skills and experience working in complex organizations in…
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Read more: Conor Hourigan promoted to Subhead Millwright in Building Operations
Conor Hourigan promoted to Subhead Millwright in Building Operations
Conor’s expertise in troubleshooting and maintaining various mechanical equipment throughout campus has enabled him to excel in the Millwright team. He has also provided strong leadership and support as the temporary fill-in subhead and head role.
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Read more: Steve Carey promoted to Facilities Manager in Customer Services and Informatics
Steve Carey promoted to Facilities Manager in Customer Services and Informatics
Steve brings to the Facilities Manager team experience in the aviation industry, as well as strong customer services experience from 14 years of creating good working relationships with UBC clients and staff.
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Read more: Rebecca Way joins UBCO Financial Operations as Procurement Manager
Rebecca Way joins UBCO Financial Operations as Procurement Manager
In her new role, Rebecca will be responsible for leading the local procurement team in the delivery of procurement services to the Okanagan campus, as well as actively engaging the campus community to increase understanding of procurement policies and workflows,…
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Read more: Lori Takenaka promoted to Safety Advisor, Facilities in Safety & Risk Services
Lori Takenaka promoted to Safety Advisor, Facilities in Safety & Risk Services
In her new role as Safety Advisor, Facilities, Lori will lead a team of health and safety specialists and will continue to support UBC Facilities in the development and implementation of their health and safety programs.