Cryptic crossword clue
Financial executive given wave by politician in bed 11

The most common and most likely answer to this crossword clue is the 11 letter word COMPTROLLER

I've seen this crossword clue in The Daily Telegraph
C
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M
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Buddy explains!

The straight part
We know that "Financial executive" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case financial executive = comptroller.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does COMPTROLLER mean?

COMPTROLLER noun
  1. The chief accountant of a company or government.

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