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: Construction begins on UBC’s Recreation Centre North
Construction begins on UBC’s Recreation Centre North
Construction is underway on a new recreation centre that will triple the amount of indoor fitness and recreation space at the University of British Columbia’s Vancouver campus. The new facility will feature three gyms, indoor track, and state-of-the-art fitness centre.
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Read more: Facilities completing the annual Confined Space Rescue Team exercises
Facilities completing the annual Confined Space Rescue Team exercises
Facilities’ Energy & Water Services and Building Operations recently completed their annual Confined Space Rescue Team on-site exercises. Rescuers were presented with different scenarios that required them to take the necessary steps to recognize, evaluate and develop a rescue plan to…
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Read more: UBC receives the NAFA Clean Air Awards
UBC receives the NAFA Clean Air Awards
Facilities received eight NAFA Clean Air Awards for UBC buildings this year — AMS Student Nest, UBC Aquatic Centre, Beaty Biodiversity Museum, Centre for Interactive Research on Sustainability (CIRS), Forest Sciences Centre, Henry Angus Building, Irving K. Barber Learning Centre and Wayne &…
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Read more: Migrating to TouchNet, the new digital payment solution at UBC
Migrating to TouchNet, the new digital payment solution at UBC
With the transition to Workday, the university has identified TouchNet as the new solution that will facilitate all digital payment transactions across all UBC campuses. To help our community stay informed and updated, the DPP launched a website, where you…
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Read more: Increase in CRA Prescribed Interest Rate effective Oct 1, 2022
Increase in CRA Prescribed Interest Rate effective Oct 1, 2022
The CRA Prescribed Interest Rate will increase to 3% as of Oct 1, 2022. 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…
People of the VPFO
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Read more: Parveen Mann joins UBC as Director, Human Resources
Parveen Mann joins UBC as Director, Human Resources
We are pleased to welcome Parveen Mann to the VPFO as our new Director of Human Resources, reporting to Vice-President, Finance & Operations, Peter Smailes, effective June 21.
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Read more: VPFO Finance Realignments Following Workday Go-Live
VPFO Finance Realignments Following Workday Go-Live
Many members of our VPFO team played key roles in launch of Workday at UBC, and following the success of go-live we are ready to continue modernizing our core business processes, improve how we are structured, and transform the way…
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Read more: Leadership one-on-one with our Comptroller, Karamjeet Heer
Leadership one-on-one with our Comptroller, Karamjeet Heer
As UBC’s Comptroller, Karamjeet is responsible for ensuring the university’s fiscal sustainability by providing financial intelligence and strategy. This week she has been featured in the UBC Today Leadership One-on-One interview series.
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Read more: Yvonne Kwok promoted to Communications Manager, Facilities and Safety & Risk Services
Yvonne Kwok promoted to Communications Manager, Facilities and Safety & Risk Services
Yvonne Kwok will be expanding her role as Communications Manager, Facilities & SRS, effective Friday, May 21, 2021.
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Read more: Dawn Irmscher joins UBC as Director of Payroll
Dawn Irmscher joins UBC as Director of Payroll
Dawn brings a wealth of experience in finance, operations, technical, and systems implementation to the university, and most recently served as the Director of Finance for the Sooke School District in Victoria, BC.