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

  • Update on UBC’s budget for the 2023/24 fiscal year

    UBC’s Board of Governors has approved the 2023/2024 budget, setting out the university’s spending priorities for the year ahead. Thank you to all those who helped create this report. Read UBC’s 2023/24 Budget Report on the UBC Finance website.

    Read more: Update on UBC’s budget for the 2023/24 fiscal year
  • UBC launches Agency Fund Guidelines (FD950)

    The Agency Fund Guidelines have been developed to provide the UBC finance community clarity on the requirements for the appropriate usage of the Agency Fund (FD950).

    Read more: UBC launches Agency Fund Guidelines (FD950)
  • UBC launches fifth year of the UniForum program

    This year we are launching year 5 of the program, and from May 29 to June 30 we will be collecting data relating to all professional staff at UBC, to better understand the types of activities they perform on a…

    Read more: UBC launches fifth year of the UniForum program
  • Update: Purchases under $3,500

    Learn more about the three options available for faculties, departments and units for purchases of goods and/or services up to $3,500 Canadian Dollars in value inclusive of taxes per person.

    Read more: Update: Purchases under $3,500
  • VPFO Monday Update – April 11, 2023

    The VPFO Update is a weekly snapshot that captures important university updates, work across VPFO departments, and relevant resources. Sent on April 11, 2023.

    Read more: VPFO Monday Update – April 11, 2023

People of the VPFO

  • Erin Kastner, a sustainability champion for twenty years

    To celebrate the 20th anniversary of the Sustainability Coordinator program, Campus & Community Planning spoke to Erin Kastner, Geospatial Information Manager with Energy & Water Services, on her commitment to sustainability at UBC.

    Read more: Erin Kastner, a sustainability champion for twenty years
  • Philip Beck promoted as new Head in Soft Landscape, Municipal Services with Building Operations

    Philip Beck is the successful candidate for the new Soft Landscape head position that was introduced to support Chris Longford, head of the Soft Landscape team. Chris and Phil will work closely together to manage a growing team of over…

    Read more: Philip Beck promoted as new Head in Soft Landscape, Municipal Services with Building Operations
  • Kayna Merchant joins UBC as Facilities Architectural Manager with Building Operations

    In this new role, Kayna will be working closely with the Architectural Trades Team to gain a fulsome understanding of architectural maintenance considerations to provide a better balance of the diverse needs of multiple stakeholders within UBC.

    Read more: Kayna Merchant joins UBC as Facilities Architectural Manager with Building Operations
  • Holly Shepherd joins UBC as Tax Manager

    Holly is joining the Treasury group as the university’s new Tax Manager, supporting the community with advising for tax-related matters, as well as general oversight of UBC’s tax strategies.

    Read more: Holly Shepherd joins UBC as Tax Manager
  • Sarah Goold Joins Treasury as Manager, Financial Planning & Analysis

    A UBC Alumna, Sarah will partner with departments across the university to assist and monitor the main drivers of revenue and expenses at UBC. She will also develop and evaluate strategic options and alternatives on financial decisions that impact the university,…

    Read more: Sarah Goold Joins Treasury as Manager, Financial Planning & Analysis