Senior Tax Director - Private Capital

Digital Realty Trust, Inc. (NYSE: DLR) is looking to add a Senior Tax Director, Private Capital to its global tax team. This newly created role will serve as the tax leader for Digital Realty’s strategic private capital, including close-end and open-ended real estate fund vehicles and joint-ventures with institutional investors. The position is based in Dallas with a hybrid work arrangement.

About the role

The Senior Tax Director will oversee all tax matters across the fund lifecycle—from formation and capital raising to acquisition, operations, and disposition of investments. This role requires deep technical expertise in REIT taxation, Subchapter K partnership taxation, and fund structuring, combined with cross-functional collaboration with acquisitions, finance, legal, asset management, and investor relations. The role reports to the VP, Tax and includes leadership of a team of direct reports.

About Digital Realty

Digital Realty brings companies and data together by delivering data center, colocation, and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology. Digital Realty operates 300+ facilities in 50+ metros across 28 countries on six continents.

Responsibilities

• Fund & REIT Tax Strategy
  • Serve as the internal subject matter expert on REIT qualifications of 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 for different investor profiles.
  • Prepare and organize REIT due diligence files for 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 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 funds and underlying joint-venture investments.
• Compliance & Reporting
  • Oversee all tax aspects of strategic capital vehicles, including tax compliance, financial reporting, withholding tax calculations, and observing tax covenants in 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 net asset value.
  • Manage and maintain relationships with external tax advisors and compliance providers.
• Investor & Stakeholder Support
  • Respond to investor tax inquiries from 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.

Requirements

• 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.

Skills

• 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 for identifying risks and inefficient processes with a commitment to continuous long-term improvements.
• Solid organizational skills and great attention to detail.

Preferred Qualifications

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