Rose Financial Services
3.0 of 5 11 reviews
www.rosefinancial.com Rockville, MD 50 to 149 Employees

Rose Financial Services Reviews

All Employees Current Employees Only

3.0 11 reviews

                             

33% Approve of the CEO

Rose Financial Services President, CEO and Founder Ted Rose

Ted Rose

(3 ratings)

40% of employees recommend this company to a friend
11 Employee Reviews
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    Intern Review

    Accounting Intern (Current Employee)
    Rockville, MD

    ProsThe 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).

    ConsThe 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.

    – I'm optimistic about the outlook for this company

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

    Accounting Staff (Former Employee)
    Rockville, MD

    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 Senior ManagementPay 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.

    No, I would not recommend this company to a friend

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    Great learning experience

    Anonymous Employee (Former Employee)
    Rockville, MD

    ProsRose 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.

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

    Advice to Senior ManagementNone. They are learning on their own and implementing positive change at a reasonable pace.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    1 person found this helpful  

    Difficult to Feel Good about the Company

    Anonymous Employee (Former Employee)
    Rockville, MD

    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 Senior ManagementTake 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.

    No, I would not recommend this company to a friend

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    Accounting Intern at Rose Financial Services

    Accounting Intern (Former Employee)
    Rockville, MD

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

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

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    1 person found this helpful  

    Great place to learn and grow.

    Anonymous Employee (Current Employee)
    Rockville, MD

    ProsThe 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.

    ConsSome 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 Senior ManagementNone.

    Yes, I would recommend this company to a friend

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    Employees come from diverse backgrounds but everyone gets along very well

    Anonymous Employee (Current Employee)

    ProsFriendly and helpful people in the company

    Consnot much at this time

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    High turnover rate, need to eat in hours

    Anonymous Employee (Current Employee)

    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

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    Very chaotic

    Accounting Associate (Current Employee)

    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 Senior ManagementFocus 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.

    No, I would not recommend this company to a friend

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    Financial Accounting, not Public Accounting

    (Former Employee)

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

    ConsWork 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 Senior ManagementKeep 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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Glassdoor is your free inside look at Rose Financial Services reviews and ratings — including employee satisfaction and approval rating for Rose Financial Services CEO Ted Rose. All 11 reviews posted anonymously by Rose Financial Services employees.