Senior Tax Director

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.

What you’ll do and key responsibilities

REIT & Fund Tax Oversight

• 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 and close‑end funds, 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 tax related aspects 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 & Stakeholder Support

• 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

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

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.

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.

Preferred skill sets

• International tax experience (outbound).
• Accounting for income taxes under ASC 740.
• Financial products.
• Tax technology solution and implementation.