Job DescriptionPosition 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.
A bit about our Digital Tax team
Our global tax team works in one of the world's fastest growing and most exciting business sectors. We use our tax
expertise and commercial awareness to support and develop an international, publicly-listed organization that is one
of the largest publicly listed REITs. From participating in transformational M&A transactions to financial reporting,
we work hand-in-hand with our global business partners for a leader in the data center industry
ResponsibilitiesWhat you'll do and key responsibilities
Fund & REIT Tax Strategy
REIT&FundTaxOversight- 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&DealStructuring- 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 statements
- 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&StakeholderSupport- Respond to investor tax inquiries, including HNW 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
RiskManagement&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
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.
Justasimportantwillbethefollowingcompetenciesandcharacteristics:- 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.
Thefollowingskillsetsarealsopreferredbutnotnecessaryforthedayonesuccess,however,theroleisexpectedtogrowanddevelopinthefollowingareas:- International tax experience (outbound).
- Accounting for income taxes under ASC 740.
- Financial products.
- Tax technology solution and implementation.
Health and SafetySafety isn't just a priority here at Digital; it's critical to everything we do. Safeguarding lives, protecting assets, and securing data aren't just ideals - they're essential pillars of our commitment to excellence for our people, our partners and our customers. We have a culture of care where every member of Team Digital embraces a relentless pursuit of working safely across Digital Realty. Together we are Safely Powering Progress.