Rose Financial Services

  www.rosefinancial.com
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Rose Financial Services Reviews

11 Reviews

3.0
11 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Rose Financial Services President, CEO and Founder Ted Rose
Ted Rose
3 Ratings

Employee Reviews

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  1.  

    Intern Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Accounting Intern  in  Rockville, MD
    Current Employee - Accounting Intern in Rockville, MD

    I have been working at Rose Financial Services as an intern for less than a year

    Pros

    The professionals at Rose Financial are welcoming and helpful.
    HR is responsive and listens to what you have to say.
    The interns got the experience of making a presentation to management (the presentation topics vary from year to year).

    Cons

    The compensation is less than competitors.
    There is limited exposure to different areas of accounting (almost all my exposure was to accounts payable).
    They were running out of work for interns by the end of the internship.

    Positive Outlook
  2.  

    RFS is always hiring! Due to their high turn-over.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Accounting Staff  in  Rockville, MD
    Former Employee - Accounting Staff in Rockville, MD

    I worked at Rose Financial Services full-time

    Pros

    -The staff is great. Very friendly and close group. (But all are looking to get out of the job)
    -Get to learn various accounting software.
    -Get good experience with different industries.

    Cons

    -Management wants to run things like a sweat shop. MUST hit billable hours even if you use PTO days (meaning you have to work extra long hours to make up for taking PTO)
    -Huddles are a waste of time.
    -Work just gets dumped on you with little to no help. It's pretty much sink or swim.

    Advice to ManagementAdvice

    Pay is way lower than average. The benefits are very bad. I had to get insurance on my own cause it was too expensive through RFS. Perhaps if you paid them better and had decent benefits people wouldn't all be trying to leave.

    Doesn't Recommend
    Disapproves of CEO
  3.  

    Great learning experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Rockville, MD
    Former Employee - Anonymous Employee in Rockville, MD

    I worked at Rose Financial Services full-time for more than a year

    Pros

    Rose Financial Services is an excellent place for people who are starting their career or have less than 7 years of experience. The company has a portfolio of clients and a portfolio of services that exposes the professional employees to new challenges and learning experiences on a continuous basis. The company has a very well defined career path for its associates and staff accountants. The organization also has very well defined checklists and procedure documents that can be very useful for the staff.

    Cons

    Very fast paced work environment. Multiple bosses (one from within Rose and others from the client organization) for every employee.

    Advice to ManagementAdvice

    None. They are learning on their own and implementing positive change at a reasonable pace.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Difficult to Feel Good about the Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Rockville, MD
    Former Employee - Anonymous Employee in Rockville, MD

    I worked at Rose Financial Services

    Pros

    -Great people (at the Assistant Controller level and below)
    -Will gain some good experience dealing with clients on an everyday basis

    Cons

    -Glorified bookkeepers
    -No training whatsoever
    -Big gap between management and staff
    -No flex time
    -Negative views for taking time off, even vacation earned

    Advice to ManagementAdvice

    Take some time to understand what your staff want and need. It's difficult to keep good employees without challenging work, comparable benefits, and proven rewards to show your appreciation. Remember, your employees are the reason why you're in business, treat them like it.

    Doesn't Recommend
  6.  

    Accounting Intern at Rose Financial Services

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Accounting Intern  in  Rockville, MD
    Former Employee - Accounting Intern in Rockville, MD

    I worked at Rose Financial Services

    Pros

    Good variety of exposure and experience.
    Everyone is very nice and very competent.
    Good work life balance, hours are usually around 40.

    Cons

    Not the best pay.
    Simple accounting functions as opposed to more challenges.
    Not the best place if you want consulting, audit or tax experience since it is mostly just back-office accounting functions.

    Advice to ManagementAdvice

    Increase starting pay and salary to be more competitive with bigger firms.
    Offer more consulting type service rather than outsourcing.

  7. 1 person found this helpful  

    Great place to learn and grow.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Rockville, MD
    Current Employee - Anonymous Employee in Rockville, MD

    I have been working at Rose Financial Services

    Pros

    The people at Rose Financial Services are great. This is a great place to start your career and to grow professionally. There is plenty of room for advancement, since the company is growing at a fast pace. Co-workers actually appreciate your work and say 'thank you'. Management is very competent and effective at assigning tasks and working with clients. The work environment is positive, and can be fast paced but not too stressful. The hours expected are reasonable, employees are able to use paid time off, and the work schedule is flexible.

    Cons

    Some may find the work to be boring or redundant, but at least there are a variety of clients and the environment is relaxed enough that if there's nothing to do, you can chat with friends or take a lunch break.

    Advice to ManagementAdvice

    None.

    Recommends
  8.  

    Employees come from diverse backgrounds but everyone gets along very well

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Rose Financial Services

    Pros

    Friendly and helpful people in the company

    Cons

    not much at this time

  9. 1 person found this helpful  

    High turnover rate, need to eat in hours

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Rose Financial Services

    Pros

    - free food when new hires come in
    - co-worker (AC and down) are very nice

    Cons

    - turnover rate is high
    - management only care about budget
    - everyone is looking for a new job
    -Some positions very underpaid

    Disapproves of CEO
  10.  

    Very chaotic

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Accounting Associate
    Current Employee - Accounting Associate

    I have been working at Rose Financial Services

    Pros

    -Gain experience with many different industries
    -Co-workers are down to earth
    -Parking is free
    -Lots of free food when new hires come in

    Cons

    -Extremely high turnover
    -Chaotic management
    -Most employees are looking for a new job
    -Some positions very underpaid
    -Weak benefits
    -Work can be boring

    Advice to ManagementAdvice

    Focus your efforts on employee retention and happiness. Beware, this may cost a little money, but it's worth it. Create a team atmosphere where people feel like their valued. Stop spending so much money on breakfasts/lunch and pay the employees more. Give them bigger bonuses and better benefits.

    Doesn't Recommend
  11. 1 person found this helpful  

    Financial Accounting, not Public Accounting

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Rose Financial Services

    Pros

    Peers are great
    Relaxed enviornment
    A lot of experience gained with financial accounting functions and various accounting software
    Growing company
    Excellent business idea- accounting outsourcing

    Cons

    Work may get redundent at times
    Although it is a CPA firm, it is not a public accounting firm per se, so compensation is relatively lower than CPA firms in the area.
    The nature of the business breeds bad clients
    Senior management rarely communicates with lower level staff
    Huge power distance between staff and senior management
    Training is really poor, you are basically thrown a project and told to figure it out at least 75% of the time with minimal training or zero training at all.

    Advice to ManagementAdvice

    Keep adjusting as you grow, but try to talk and interact more with staff. Learn systems such as SAP to get larger, more impressive clients. Create legit training programs rather than powerpoint slides and video's. Don't wait until the last minute to make necessary HR adjustments. Keep reeling in the clients!

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