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.

Learn about the VPFO Strategic Plan

News from the VPFO

  • Holiday crime prevention tips from UBC Campus Security

    Happy Holidays from UBC Campus Security! While you’re out enjoying the hustle and bustle of the holidays, keep these tips in mind for a safe, happy and crime-free season holiday season on campus. 

    Read more: Holiday crime prevention tips from UBC Campus Security

  • UBC embraces mass timber with $180 million Gateway Building

    Wood construction allowed the University of British Columbia to represent three of its core values in designing the new Gateway Building: sustainability, personal well-being and Indigenous collaboration. The six-storey, 267,000-square-foot mass timber building is designed to be an iconic welcoming…

    Read more: UBC embraces mass timber with $180 million Gateway Building

  • Facilities teams work together to ensure an ideal exam experience for UBC students

    Twice a year, at end of Term 1 and 2, Custodial Services and Municipal Services work together to set up Osborne Gym and Student Recreation Centre (SRC) Gym with 1,340 tables and chairs, to support and maintain an ideal exam experience…

    Read more: Facilities teams work together to ensure an ideal exam experience for UBC students

  • 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…

    Read more: Increase in CRA Prescribed Interest Rate effective January 1, 2023

  • 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,…

    Read more: Final Settlement runs for 2022

People of the VPFO