About CoLab
At CoLab, we help mechanical engineering teams bring life-changing products to market years sooner.
CoLab is a cloud based platform purpose built for fast, effective design review. Using CoLab, multiple engineers, designers, and other stakeholders can review designs together and build off one another's feedback. Engineers at companies like Ford, Komatsu, and Johnson Controls use CoLab to review designs faster, prevent mistakes, and build the next generation of innovative products.
About the Role
We’re seeking a CFO with exceptional business acumen, deep FP&A expertise, and a metrics-driven mindset to serve as a strategic thought partner to our CEO. This role is a compelling opportunity to lead CoLab’s financial strategy and operations during a critical inflection point—scaling from low eight figures to nine figures in Annual Recurring Revenue.
This is ideal for a seasoned financial leader with experience in high-growth SaaS environments, including fundraising, investor relations, M&A, and business operations. You’ll bring strong leadership, a track record of building top-performing teams, and a passion for operational efficiency and data-informed decision-making. You must thrive in a fast-paced, ever-evolving environment and be excited to roll up your sleeves while also thinking strategically.
Our Ideal Candidate
- Analytical, emotionally intelligent, and commercially astute, with a proven ability to lead teams and solve complex problems with speed and precision.
- A systems thinker who has implemented or optimized FP&A infrastructure to support scale and cross-functional collaboration.
- Deeply metrics-oriented—drives key financial and operating metrics through dashboards, forecasting, and business reviews.
- Experienced in managing aggressive growth with financial discipline, aligning investment and resource allocation to strategic priorities.
- A collaborative partner to the CEO and executive team, capable of influencing across functions and managing up to board members and investors.
- A resilient, self-aware leader with a bias for action, humility, and a high-performance work ethic.
Job Responsibilities
Strategic Financial Leadership
- Own and drive company-wide financial KPIs, aligning cross-functional efforts to operational goals and strategic objectives.
- Develop robust financial models, budgets, and forecasts, with clear links to business drivers and growth strategy.
- Collaborate with the CEO and executive team on long-term planning, business model design, M&A strategy, and resource prioritization.
- Act as a trusted advisor to investors and board members, delivering critical insights and business intelligence through structured financial packages and ad hoc analysis.
- Lead regular business reviews and drive a performance-oriented culture by connecting financial metrics to day-to-day decision-making.
Financial Operations & Compliance
- Oversee all accounting and controllership functions including general ledger, A/R, A/P, payroll, revenue recognition, and tax compliance (Canada and US).
- Maintain and enforce accounting policies and controls to ensure compliance and integrity across all jurisdictions.
- Lead the month-end, quarter-end, and annual financial close and reporting cycles—accurately and expeditiously.
- Support the legal, regulatory, and audit functions by ensuring accurate record-keeping and timely filings.
Reporting & Analysis
- Provide real-time visibility into financial performance through dashboards, systems, and timely reporting.
- Conduct in-depth analysis to assess profitability, performance trends, and opportunities for optimization.
- Partner with key functional leaders (Sales, Product, Marketing, CS) to align planning and improve forecasting accuracy.
- Lead investor and board reporting cadence, building compelling narratives around business progress, opportunities, and risks.
Team & Stakeholder Management
- Build, coach, and retain a high-performing finance and accounting team. Foster a growth culture that promotes development, equity, and inclusion.
- Evaluate existing team capabilities and performance—making adjustments as needed to ensure alignment and execution.
- Lead by example through clear expectations, strong communication, and follow-through on commitments.
- Drive collaboration with key external partners, including banks, auditors, legal counsel, and potential acquisition targets.
- Be a cultural leader who embodies openness, low ego, high accountability, and a “win together” mindset.
Qualifications
- 7+ years of progressive financial leadership experience; CFO or #2 Finance leader at a high-growth SaaS company scaling from $10M–$50M+ ARR.
- Deep FP&A expertise, with a strong track record of implementing financial processes and infrastructure to enable growth.
- Demonstrated experience managing investor relationships, fundraising, debt/equity financing, and M&A (especially tuck-in acquisitions and PMI).
- Familiarity with US and Canadian financial regulations, SaaS accounting standards, and international tax compliance.
- Proven success in selecting and deploying financial systems that drive automation, visibility, and operational efficiency.
- Experience building business operations or cross-functional processes is a strong asset.
- Preference for candidates with experience working with founders or in founder-led businesses.
Extra Details
Compensation: This is a full-time, permanent position with a competitive compensation package, including stock options.
Benefits: This role offers extended health and benefits coverage, unlimited paid vacation, and RRSP/401K matching.
Remote/Hybrid Work: Our HQ is located in St. John’s, NL. This role offers flexibility to work remotely from anywhere in Canada or the US, with occasional travel required for team and company events.
This position will require occasional travel for on-site team meetings in Newfoundland Canada, at least twice per year (primarily in December and June) in addition to occasional travel to off sites. We recognize that travel can involve personal commitments, and we strive to accommodate individual circumstances, however the expectation is that travel to, and attendance at, the majority of these events is mandatory. Details about travel arrangements and covered expenses will be discussed during the hiring process.
Frequently cited statistics show that people who identify with historically marginalized groups often apply to jobs only if they meet 100% of the qualifications. At CoLab, we believe in potential over perfection. If this role excites you—even if you don’t meet every single qualification—we encourage you to apply. Your unique background and perspective are valuable to us.
