Jeff Duresky, Senior FinOps Commercial Architect at Amazon AWS, discusses cloud financial management and its importance for FP&A. He shares insights on trading fixed expenses for variable expenses in the cloud, common cost language, cloud forecasting, cost reductions, and core metrics. The episode also touches on challenges with budget inheritance, the significance of finance and engineering collaboration in cloud forecasting, and the importance of note-taking and learning from other companies in cloud finance.