Job Description
Position Title: Senior Tax Director, Private Capital
Location: Dallas - Hybrid
Your role
Digital Realty Trust, Inc. (NYSE: DLR) is looking to add a Senior Tax Director, Private Capital to its global tax team.
The newly created role will serve as the tax leader for Digital Realty's strategic private capital that includes close-end
and open-ended real estate fund vehicles and joint-ventures with institutional investors. This role is responsible for
overseeing all tax matters across the fund lifecycle - from formation and capital raising to acquisition, operations,
and ultimate disposition and exits of the investments.
The ideal candidate brings deep technical expertise in REIT taxation, Subchapter K partnership taxation, and fund
structuring, combined with the ability to collaborate cross-functionally with acquisitions, finance, legal, asset
management, and investor relations. This role requires both strategic oversight and hands-on execution. The role will
report to VP, Tax and is expected to lead a team of direct reports.
Responsibilities
What you'll do and key responsibilities
Fund & REIT Tax Strategy
• Serve as the internal subject matter expert on REIT qualifications of the subsidiary REITs within the structure
• Oversee REIT annual qualification testing (income tests, asset tests, distribution requirements, prohibited
transactions) including advising on structures, TRSs, and blocker entities
• Manage tax structuring for open-end fund, close-end fund, co-invest and joint venture platforms, as
applicable, for different investor profiles
• Prepare and organize REIT due diligence files in connection with potential REIT share sales in the event of
dispositions
Transaction & Deal Structuring
• Provide tax structuring advice on acquisitions, dispositions, recapitalizations, refinancings, and restructurings
• Lead tax diligence efforts on property and platform acquisitions within the fund structures
• Model tax impacts of transactions and advise on optimal structuring alternatives
• Oversee partnership allocations (Section 704(b), Section 704(c), targeted capital allocations) for the funds
including underlying joint-venture investments
Compliance & Reporting
• Oversee all aspects of tax related to the strategic capital vehicles including tax compliance, financial
reporting, withholding tax calculations and observing tax covenants of investors' side letters
• Lead financial reporting under ASC 740 (including uncertain tax positions and FIN 48 analysis) for the funds'
financial statement
• Coordinate tax reporting for financial statements and investor reporting packages including analysis of
deferred taxes impact on the net asset value of the fund vehicles
• Manage and maintain relationships with external tax advisors and compliance providers
Investor & Stakeholder Support
• Respond to investor tax inquiries, including HWN individuals, tax-exempt, foreign, and institutional
investors
• Partner with investor relations on tax disclosures and offering documents
• Provide tax input on PPMs, side letters, and subscription agreements
• Collaborate with finance, acquisitions, legal, and asset management teams to evaluate tax consequences of
strategic initiatives
Risk Management & Governance
• Monitor tax law developments impacting REITs and real estate funds
• Implement internal controls around tax processes
• Manage tax audits and interactions with taxing authorities
• Ensure compliance with state nexus, withholding, and composite filing requirements
The duties and responsibilities described herein are not exhaustive and may evolve based on business needs and
organizational priorities.
Qualifications
• Bachelor's degree in accounting or related field; Law/MST/CPA preferred.
• Minimum of 12 years of progressive tax experience in public accounting or similar industry roles
• Deep technical knowledge of REIT, partnership and inbound taxation for non-U.S. investors, including
compliance and reporting strategies
• Strong communication skills with the ability to present complex tax matters to senior leadership and non-tax
stakeholders
• Proven leadership and team/project management experience
Just as important will be the following competencies and characteristics:
• Strong analytical and problem-solving abilities under pressure with a solution-oriented mindset
• Ability to make independent and sound decisions in a fast-paced environment
• Keen eye in identifying risks and inefficient processes with commitment for continuous long-term
improvements
• Solid organizational skills and great attention to detail
The following skill sets are also preferred but not necessary for the day one success, however, the role is expected to
grow and develop in the following areas:
• International tax experience (outbound)
• Accounting for income taxes under ASC 740
• Financial products
• Tax technology solution and implementation
