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 July 1, 2022
Increase in CRA Prescribed Interest Rate effective July 1, 2022
The CRA Prescribed Interest Rate will increase to 2% effective July 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 under…
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Read more: New contracts available for Executive Search and Recruitment
New contracts available for Executive Search and Recruitment
The agreements for procurement of Executive Level Search and Recruitment Services with these approved providers will ensure simplified procurement process, access to a prequalified vendor pool of experienced and highly recognized executive search firms in BC, best value, and commitment…
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Read more: Changes to UBC Service Levy
Changes to UBC Service Levy
The UBC services levy is used to run the community centres, athletic and cultural facilities, and to maintain public spaces and infrastructure within UBC neighbourhoods. The Services Levy Notices issued in 2022 will be due on August 8, 2022. Read…
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Read more: Vancouver will continue to see warmer than average temperatures
Vancouver will continue to see warmer than average temperatures
Environment Canada has issued a heat warning for Metro Vancouver for the rest of today June 27, 2022 with inland temperatures reaching 34 degrees. Given the current high temperatures, we wanted to provide some resources and information to help you…
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Read more: Driving safely on campus
Driving safely on campus
Driving safely on and around UBC campuses is essential. To help, we have put together some basic safety guidelines to ensure a safe campus, and remember, the pedestrian always has the right of way.
People of the VPFO
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Read more: Steven Wong joins Comptroller’s Capital Financial Management & Reporting as Finance Manager in Project Accounting
Steven Wong joins Comptroller’s Capital Financial Management & Reporting as Finance Manager in Project Accounting
Steven will be working closely with Capital Planning & Development and Project Services, in Facilities, responsible for overseeing the financial aspects of Facilities projects. This includes project costing, funding, planning, and reporting to support the successful delivery of capital projects…
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Read more: Nikki Reiter and Betty Han join the VPFO Project Management Office as Continuous Improvement Program Manager
Nikki Reiter and Betty Han join the VPFO Project Management Office as Continuous Improvement Program Manager
Nikki joins the VPFO Project Management Office from the Integrated Renewal Program (IRP) – Student, where she served as Acting Associate Director, Transformation & Change Management leading a team of change management specialists to support UBC’s transition to Workday Student.…
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Read more: Alan Ehrenholz joins Facilities’ Municipal Services as Municipal Engineer
Alan Ehrenholz joins Facilities’ Municipal Services as Municipal Engineer
Alan will help enhance our technical expertise in civil engineering and asset stewardship. Alan’s passion and contribution towards community-oriented initiatives will help strengthen our equity, diversity and inclusion work while balancing the operational and maintenance needs for a resilient campus…
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Read more: Steven Lee is promoted to Learning Spaces team’s Senior Learning Space Planner within Facilities’ Infrastructure Development
Steven Lee is promoted to Learning Spaces team’s Senior Learning Space Planner within Facilities’ Infrastructure Development
Steven will be leading the Learning Spaces team within Facilities Planning and working closely with partners in AV IT and Scheduling Services to ensure the smooth operation and future planning for UBC General Teaching Space (GTS). Steven will be transitioning…
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Read more: Alicia Chan joins Capital Financial Reporting as Senior Financial Analyst in UBC Comptroller
Alicia Chan joins Capital Financial Reporting as Senior Financial Analyst in UBC Comptroller
Alicia brings diverse experience in financial reporting, long term capital planning and forecasting, interpreting complex financial data and effectively communicating to stakeholders. In her new role, Alicia will focus on the accurate reporting of our capital project funding and Deferred…