Franco, who is a big fan of the programme, offered up his talents and nominated himself for an art consultant position during an appearance on the show on Tuesday (05Apr11).
He says, "You rule. I want to work with you."
The funnyman liked the idea and pronounced him hired.
Representatives for Comedy Central, which produces The Colbert Report, have yet to comment on whether or not Franco will actually sign on and become an employee.
The busy actor is currently a regular member of daytime soap General Hospital and he's also making a documentary about acting.