Senior Tax Director - Private Capital
About the 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.
Responsibilities
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. Key responsibilities include:
- Fund & REIT Tax Strategy: Serve as the internal subject matter expert on REIT qualifications of the subsidiary REITs within the structure
- REIT & Fund Tax Oversight: Oversee REIT annual qualification testing (income tests, asset tests, distribution requirements, prohibited transactions) including advising on structures, TRSs, and blocker entities
- Transaction & Deal Structuring: Provide tax structuring advice on acquisitions, dispositions, recapitalizations, refinancings, and restructurings
- 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
- Investor & Stakeholder Support: Respond to investor tax inquiries, including HNW individuals, tax-exempt, foreign, and institutional investors
- Risk Management & Governance: Monitor tax law developments impacting REITs and real estate funds, implement internal controls around tax processes, and manage tax audits and interactions with taxing authorities
Qualifications
The ideal candidate has a Bachelor’s degree in accounting or related field; Law/MST/CPA preferred, and a 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, is required. Strong communication skills, proven leadership and team/project management experience, and the following competencies and characteristics are also necessary:
- 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 Skills
The following skill sets are also preferred but not necessary for 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