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: 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…
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Read more: Pilot project to increase compliance with UBC required training
Pilot project to increase compliance with UBC required training
Safety & Risk Services within VP Finance & Operations (VPFO) in collaboration with VP Human Resources (VPHR), and UBC Information Technology (UBC IT) are launching a pilot project in VPHR and VPFO to increase compliance with required training, as mandated…
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Read more: Register for the upcoming webinar on Chemical Inventory Management
Register for the upcoming webinar on Chemical Inventory Management
Join us in a webinar on September 21 at 2:00 pm to learn about inventory management requirements and best practices from UBC Safety & Risk Service’s Chemical Safety Advisor, Dr. Peggy Paduraru. Click through for more information, including Zoom details.
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Read more: Workday Adaptive Planning Replacing Hyperion in Summer 2023
Workday Adaptive Planning Replacing Hyperion in Summer 2023
The Adaptive Planning implementation will reduce reliance on manual systems and streamline budgeting and forecasting, while also capturing more detailed finance information and in-depth reporting. For more information and project updates, visit the UBC Adaptive Planning website.
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…