VP Fi­nance

The McGill Daily - - SSMU Elections -

The VP Fi­nance port­fo­lio in­cludes en­sur­ing the long-term fi­nan­cial sta­bil­ity of SSMU in co­op­er­a­tion with the Gen­eral Man­ager, over­see­ing fund­ing and op­er­a­tions man­age­ment com­mit­tees, pro­vid­ing the Ex­ec­u­tive Com­mit­tee and Board of Di­rec­tors with reg­u­lar re­ports on the fi­nan­cial sta­tus OFSSMU, and de­vel­op­ing the an­nual bud­get of SSMU. among other tasks. Jun Wang

Wang is a third year fi­nance stu­dent, who pre­vi­ously served as VP fi­nance of the stu­dent res­i­dent coun­cil, as well as the De­sau­tels Man­age­ment Com­pe­ti­tion Com­mit­tee (DMCC). He hopes to re­build trust in SSMU by im­ple­ment­ing re­forms to the fund­ing sys­tem. Wang’s plat­form is cen­tered around three pil­lars; ac­ces­si­bil­ity of SSMU funds, ac­count­abil­ity of SSMU’S pro­cesses, and the trans­parency in fi­nan­cial struc­ture.

Dur­ing the de­bate, Wang ex­pressed con­cerns over SSMU’S dense net­work, which he be­lieves can be in­ac­ces­si­ble for in­di­vid­ual clubs and stu­dent ser­vices. Wang’s cam­paign pri­or­i­tizes re­forms in the ap­pli­ca­tion of for funds, as well as a ser­vice pooled fund, aimed to al­low ser­vices to do­nate their sur­plus to oth­ers in need with­out a ref­er­en­dum. Wang be­lieves that the re­im­burse­ment process and re­formed tem­plates should be com­mu­ni­cated through a manda­tory, col­lec­tive meet­ing be­tween the pres­i­dents and VP fi­nances of SSMU ser­vices. Wang em­pha­sized that many ser­vices lack­ing a busi­ness back­ground, may face bar­ri­ers in un­der­stand­ing their fi­nan­cial po­si­tion.

When ques­tioned about the role of VP fi­nance in ad­vo­cat­ing for so­cial re­spon­si­bil­ity, Wang em­pha­sized the need to main­tain fi­nan­cial sta­bil­ity, while rep­re­sent­ing the in­ter­ests of stu­dents. If elected, Wang plans to build on the so­cial goals of the green funds, and to strengthen SSMU’S so­cial re­spon­si­bil­ity man­date on its in­vest­ment port­fo­lio.

En­dorse­ment: No

Wang’s plat­form for the VP Fi­nance po­si­tion is based on ac­ces­si­bil­ity, ac­count­abil­ity, and a mi­nor re­struc­tur­ing of SSMU fi­nances and com­mu­ni­ca­tion. He pro­poses changes to the fund­ing ap­pli­ca­tion pro­ce­dures for clubs in or­der to make it more ac­ces­si­ble and sim­ple, and an ad­vi­sory com­mit­tee to re­view club spend­ing. Wang has served as VP Fi­nance of stu­dent res­i­dence hall coun­cil, and the DMCC mar­ket­ing com­mit­tee, but has no SSMU ex­pe­ri­ence. When asked about how he would im­ple­ment so­cial re­spon­si­bil­ity in his role as VP Fi­nance, Wang only briefly dis­cussed past ini­tia­tives, but did not seem to present any con­crete new goals. He did, how­ever, men­tion that he would try to keep his per­sonal be­liefs out of his job. Due to his lack of prior ex­pe­ri­ence with SSMU, along with the lim­ited na­ture of his plat­form and rel­a­tive lack of en­gage­ment with so­cial re­spon­si­bil­ity, the Daily en­dorses a No vote.

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