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Digital Realty · 1 day ago

Senior Director, Accounting

Austin, TX

Full-time

Onsite

Lead/Staff, Director/Executive

12+ years exp

Digital Realty is a company that delivers data center, colocation, and interconnection solutions. They are seeking a Senior Director for Joint Venture Investment Accounting & Reporting to lead global accounting and reporting activities for joint venture entities, ensuring accurate financial reporting and strong internal controls across various regions.

3D TechnologyAnalyticsData CenterDigital MediaFinanceMobileSocial Media

Comp. & Benefits

Responsibilities

Lead the accounting policy for JV formations under ASC 805-60, including initial recognition at fair value, required disclosures, and coordination with Legal, Tax, Treasury and JV partners to ensure seamless execution

Review and understand the fair value measurement for JV and fund interests, including model governance, assumptions calibration to market transactions and review of quarterly valuations

Lead and continue to develop a global JV accounting team, ensuring accurate, timely, and compliant financial reporting to JV partners and lenders

Oversee monthly and quarterly financial close, financial reporting packages, and coordinate JV reporting across regions.Deliver multi‑basis reporting (US GAAP / Local GAAP / fair‑value basis) for ventures, including support for covenant packages for lenders and board‑level materials for partners

Provide technical accounting leadership on acquisitions, joint ventures, capital restructurings, and new entity formations.Direct deconsolidation events and retained‑interest accounting (ASC 810/610‑20), including gain/loss recognition and fair‑value measurement of retained equity method interests

Provide support to deal and asset management teams on accounting implications of transactions and support due diligence activities, as requested

Direct the accounting for capital activity, including capital calls, distributions, waterfalls, and preferred return calculations

Coordinate global audit, tax, treasury, and internal control activities of the JV’s and serve as primary accounting contact for external and internal auditors

Drive process improvements and standardization/consistency of DLR global JV accounting practices; lead accounting setup and reporting for new private equity fund structures, as applicable

Responsible for coordination/oversight of third‑party fund administrators (NAVs, investor statements, capital activity, waterfalls)

Qualification

CPAEquity method accountingJoint venture structuresFund accountingUS GAAPYardiInvestment accounting systemsInternal control frameworksLeadershipCommunication skills

Required

Bachelor's degree in Accounting, Finance or related field; CPA preferred

12+ years of progressive accounting experience, including leadership roles within real estate, private equity, investment management, or similar industries

Deep expertise in equity method accounting, joint venture structures, fund accounting, and complex transactions

Strong knowledge of US GAAP, consolidation principles, and internal control frameworks

Proven experience managing global teams and collaborating across regions and functions

Exceptional verbal and written communication skills with demonstrated ability to partner with senior leadership, auditors and external stakeholders