Senior Director, Accounting
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Job Location:
Dallas, IA - USA
Monthly Salary:
Not Disclosed
Posted on:
19 hours ago
Vacancies:
1 Vacancy
Job Summary
Position Title: Senior Director Joint Venture Investment Accounting & Reporting
Locations: Dallas TX; Austin TX
Your role
Join Digital Realty as our Senior Director Joint Venture Investment Accounting & Reporting where you will lead global accounting and reporting activities for a portfolio of joint venture entities as well as oversee private equity fund accounting and reporting. This role provides strategic leadership technical accounting expertise and operational oversight across North America EMEA and APAC ensuring accurate financial reporting strong internal controls and consistent application of accounting policies for our joint venture entities.
The role reports to the Chief Accounting Officer and has direct supervision of the Joint Venture (JV) accounting team in the North America Region and indirect oversight of JV accounting in EMEA and APAC Regions as well as partners closely with investments/acquisitions team asset management tax treasury legal internal and external auditors and plays a critical role in transaction execution fund structuring accounting and reporting.
What youll do
- 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 multibasis reporting (US GAAP / Local GAAP / fairvalue basis) for ventures including support for covenant packages for lenders and boardlevel materials for partners.
- Provide technical accounting leadership on acquisitions joint ventures capital restructurings and new entity formations. Direct deconsolidation events and retainedinterest accounting (ASC 810/61020) including gain/loss recognition and fairvalue 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 JVs 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 thirdparty fund administrators (NAVs investor statements capital activity waterfalls).
- Bachelors 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.
- Experience with Yardi and investment accounting systems strongly preferred.
What youll need
A bit about us
Digital Realty brings companies and data together by delivering the full spectrum of data center colocation and interconnection solutions. PlatformDIGITAL the companys global data center platform provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300 facilities in 50 metros across 28 countries on six continents.
To learn more about Digital Realty please visit or follow us on LinkedIn and X.
What we can offer you
Our rapidly evolving business sector offers the opportunity to be part of a courageous and passionate team who work together to understand and meet the changing needs of our global customers.
Join us and youll be part of a supportive and inclusive environment where you can bring your whole self to work. As part of our team youll get to work with people from different business areas challenge the way we do things and put your ideas into action. Well also give you plenty of development opportunities so you can build a rewarding and successful career with us.
Health and Safety
Safetyisntjust a priority here at Digital;itscritical to everything we do. Safeguarding lives protecting assets and securing dataarentjust ideals -theyreessential pillars of our commitment to excellence for our people ourpartnersand 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.
Our Compensation Philosophy
Digital Realty offers its employees a highly competitive compensation package excellent benefits and an environment that recognizes and rewards your contributions. Central to our compensation philosophy is rewarding our employees for achieving the values and objectives aligned to the companys overall goals and values.
This is an exciting time to join our business so apply now and make your mark on our future.
Required Experience:
Exec
Key Skills
- Account Payable
- Invoicing
- Journal Entry
- Data Entry
- Accounting & Finance
- Tax Returns
- QuickBooks
- General Ledger Accounting
- Microsoft Excel
- Reporting
- Payroll
- Financial statement
- Account Receivable
- ACCA
- CPA
About Company
With Digital Realty, you can leverage our full interconnection capabilities across our global ecosystem including data centers, connectivity and cloud services.
