Sure, it means "do you have the code" ie.
"are you capable of writing quality code (ie, since it's a career ad you're reading, are you a programmer looking for work) and are you geek enough (since it's an ad you're reading, in the positive sense of the word, of course) to understand and like geekish talk like this (which implies that you'd fit a similarly geek company of computer experts well)?"
They write it like that because it's supposed to be cool and to match the target audience's usage.
As for a word game being there - no, there's none imo, apart from the above.
For the pronunciation, go here and click listen. ;) (That's half a joke, sure. But I'm fairly sure the majority of... errr... geeks would get and like it.)