Grambling State News

Grambling, La.  – July 16, 2024 –  The financial stewardship of an institution is a testament to its ability to sustain and support its mission. Grambling State University has exponentially improved its fiscal health score since 2018 and looks to build on the momentum of success. The hire of Quaneshia T. Armstrong, CPA, MBA, as Associate Vice President of Finance, underscores the importance of expanding capacity to support continued fiscal responsibility and operational effectiveness.

“We are excited to welcome Quaneshia Armstrong back home to Grambling State University as our new Senior Associate Vice-President of Finance,” said Grambling State President Martin Lemelle, Jr. “Quaneshia’s wealth of experience and her deep connection to our university make her an excellent addition to our finance team. Her exceptional background in finance and her dedication to education will be invaluable as she works closely with Dr. Litolff as a thought partner in finance. I greatly value their combined expertise and am confident that their collaboration will play a crucial role in securing the bright future we envision for Grambling State University.”

“I am delighted to welcome Quaneshia Armstrong to our finance team,” said Dr. Edwin Litolff, Vice President for Finance. “Her innovative approach to financial management will be invaluable as we work together to enhance the financial stability and growth of Grambling State University. I look forward to partnering with Quaneshia on long-range planning and predictive analytics to support the university’s strategic goals.”

In her new role, Armstrong will spearhead financial and operational efficiency across various departments that include procurement, budgets, grants, travel, and accounts payable, ensuring streamlined processes and effective resource management.

“I am deeply honored and thrilled to accept the appointment as Senior Associate Vice President of Finance at Grambling State University, an institution that holds a special place in my heart as both my alma mater and my former professional home,” said Armstrong. “Returning to Grambling State in this executive capacity is not just a professional milestone but a personal privilege. My time as a former full-time accounting faculty member and operational project manager allowed me to witness firsthand the incredible impact this university has on its students and the broader community.”

As an alumnus, Armstrong said that she is profoundly aware of the rich history and tradition of academic achievement that Grambling State embodies.

“I am eager to contribute to the continued financial health and growth of our beloved institution, ensuring that it remains a beacon of opportunity and success for generations to come,” said Armstrong. “I look forward to working collaboratively with the dedicated faculty, staff, and students to drive forward the mission of Grambling State University and foster its ongoing growth.”

An accomplished finance executive with over 20 years of experience in finance, accounting, and operations leadership roles across various industries and reputable companies, Armstrong’s extensive background spans operations, finance, accounting, and Information Technology (IT), showcasing her adeptness in managing operational and fiscal responsibilities to ensure optimal business performance and achieve significant revenue enhancements.

Armstrong formerly served as the Controller at the Maryland Institute College of Arts (MICA), where she oversaw comprehensive accounting and finance functions, from managing general ledger activities to leading system improvement projects. Other previous roles include Senior Risk Advisory Consultant at Ernst & Young LLP, Senior Information Technology Compliance Analyst at Navient, and Risk Management Consultant at Ingalls Information Security. Additionally, she is the owner of QTArmstrong, CPA, LLC, where she is able to provide bookkeeping, attestation, and advisory services for small business clients in the non-profit sector.

In addition to her professional achievements, Armstrong is dedicated to education and has served as a full-time accounting professor at Grambling State University. She currently serves as an adjunct accounting professor at Grambling State University and Tarleton State University, where she teaches accounting courses and mentors future accounting professionals. Her academic credentials include a BS in Accounting and CIS from Grambling State University, and an MBA in Accounting from Indiana Wesleyan University, and she is currently a DBA candidate at the University of Dallas.

Armstrong’s dedication to both community and professional service is clearly demonstrated by her active participation in various professional and volunteer organizations. She is involved with the Association of International Certified Public Accountants (AICPA), the Society of Louisiana Certified Public Accountants (LCPA), and the National Association of Black Accountants (NABA), among others.