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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Improving our workplace together
UBC is committed to advancing Equity, Inclusion and Diversity (EDI) through our Inclusion Action Plan, and by working together, moving our ideas into actions. Our next step is that each of you take the time to complete the mandatory EDI…
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Classroom conversion in H.R. MacMillan, Room 360
The existing drop in lounge and study space in H.R. MacMillan, Room 360 is currently undergoing a full conversion to a 170+ student classroom and lecture space.
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Video Resource to Navigate Accrual Reports in Workday
A video tutorial has been created to help the community navigate the two new accrual reports in the period close dashboard on Workday: Accrual Report for Supplier Invoices – Distributed, Accrual Report for Expense Reports – Distributed.
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PeopleSoft to be decommissioned by end of October
As the PeopleSoft HRMS and FMS platforms are decommissioned, the web interface and backend will be turned off and the portal will no longer be accessible. Visit cio.ubc.ca/peoplesoft for more information and updates as the decommissioning progresses.
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Attend the annual Security Awareness Week by UBC Campus Security
UBC Campus Security will be hosting their annual Security Awareness Week from October 24–28, 2022, to actively engage and educate students, faculty and staff on theft prevention and provide helpful safety and security tips.
People of the VPFO
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Esther Li promoted to Senior Financial Processing Specialist in Treasury
Reporting to Chen Shi, Treasury Accounting Manager, Esther will continue to be responsible for the incoming payments while playing a critical role in more complicated bank reconciliations and other banking side responsibilities.
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Creating inclusive spaces beyond the public realm
Jen Sheel takes pride in what her team does… and it shows. When you meet Jen, one of the first things you see is her dedication to making UBC a place that invites and builds connections. She fiercely believes that…
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Josephine Shen joins the Financial Planning and Analysis (FP&A) team as a Financial Analyst
In her new role, Josephine will play a key role in developing the Strategic Initiatives’ multi-year forecasting model and maintaining various financial models (i.e. Contingency and PAEI) at UBC.
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Celebrating UBC VPFO’s long-serving member inductees in 2022
The VPFO team has a number of long service member inductees this year. This is an amazing personal accomplishment for the individuals and a true testament to their devotion to service at UBC.
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Holly Shepherd promoted to Director, Treasury
Holly Shepherd has been promoted to Director, Treasury with overall responsibility for overseeing tax, contracts, leases & licences, housing loans, payment card industry compliance, service levy and Treasury Accounting.