Yes, and skinny-fat guys are actually better positioned for this than most. It is by no means easy though - and requires some careful management.
Your body composition at the starting point will likely make recomposition more effective than it would be for someone who is already lean or significantly overweight.
The guide explains exactly why and how to make it work for your specific body type. The short version: your body has fat stores available to fuel muscle building while in a slight deficit. Most people can't take advantage of this the way you can.