Admit company head's squeezed head of finance (7)
I believe the answer is:
confess
'admit' is the definition.
(confessing is a kind of admiting)
'company head's squeezed head of finance' is the wordplay.
I cannot quite see how this works, but
'company' could be 'co' (abbreviation) and 'co' is located in the answer.
This explanation may well be incorrect...
Can you help me to learn more?
(Other definitions for confess that I've seen before include "Concede" , "Plead guilty (in order to receive absolution?)" , "Admit (to crime)" , "Tell a priest one's sins" , "Admit (to wrongdoing)" .)