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
-
Updated Credit Card Request Forms in Workday
Financial Operations and the ISC have recently updated two Credit Card request forms in Workday: Credit Card Request | Limit Change and Credit Card Request | Application, to improve clarity and guidance as well as help reduce the number of…
-
Upcoming road closures on UBC Vancouver campus
There is a number of road closures on the UBC Vancouver campus due to construction and events in the coming weeks. Please review the details and plan your routes accordingly.
-
Continuing as one VPFO under Karamjeet Heer and John Metras’ leadership
Starting June 1, Karamjeet Heer will begin serving as the Interim Vice-President, Finance, and John Metras will become the Interim Vice-President, Operations following the departure of Peter Smailes, former Vice-President, Finance and Operations.
-
May 26 VPFO Town Hall Presentation and Slides
In this VPFO town hall, we reviewed the leadership transition plan, looked back on our accomplishments, and learned about our strategic plan together as one portfolio. The town hall recording and presentation slides are now available.
-
Preparing for transition in the VPFO
The hand off starts now. Starting on June 1, Karamjeet Heer will be serving as the Interim Vice-President, Finance, and John Metras will be the Interim Vice-President, Operations.
People of the VPFO
-
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.
-
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…
-
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.
-
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.
-
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.