No there are many ”gods”, but only one Almighty God. That is the key difference. If we do not learn that, scriptures like this one might trip us up. Remember that in the account in the Bible cook of Exodus, Moses showed was arguing with God that he was unable to speak fluently. Here was a changed Moses, quite different from the one who had, of his own accord, offered himself as Israel’s deliverer 40 years earlier. He continued to remonstrate with Jehovah, finally asking Jehovah to excuse him from the task. Although this aroused God’s anger, he did not reject Moses but provided Moses’ brother Aaron as a mouthpiece. Thus, as Moses was representative for God, so Moses became as “God” to Aaron, who spoke representatively for him. In the ensuing meeting with the older men of Israel and the encounters with Pharaoh, it appears that God gave Moses the instructions and commands and Moses, in turn, relayed them to Aaron, so that Aaron did the actual speaking before Pharaoh (a successor of the Pharaoh from whom Moses had fled 40 years previously). (Exodus 2:23; 4:10-17) Later, Jehovah spoke of Aaron as Moses’ “prophet,” meaning that, as Moses was God’s prophet, directed by him, so Aaron should be directed by Moses. Also, Moses was told that he was being made “God to Pharaoh,” that is, given divine power and authority over Pharaoh, so that there was now no need to be afraid of the king of Egypt.—Exodus 7:1, 2.

Traditional Christian denominations and Jews who accept Exodus as scripture recognize only one divine being - one God. While it may not be completely clear what is meant, it is clear that Moses was not God. I have never heard a generally respected Christian or Jewish teacher that would interpret this to mean Moses was anything like God (in essential existance). Speculation: The Egyptians appear to have been polytheistic and superstitious. Perhaps the intent of the comment is that by working through him, God caused Moses to appear god-like to Pharaoh and the Egyptians. Moses claimed to speak and act by God's authority, not his own.

The above answers are helpful; this may help even more. The Hebrew word "God" comes from an adjective, which means "mighty one" or "mighty ones". But Hebrew doesn't have capital letters. If it did, God would always have the capital G and other gods would have small ones. Moses communicated with Pharaoh in Egyptian, but it is reported only in Hebrew. In Egyptian, Pharaoh himself was a god, and could well relate to the idea of Moses being a god on his own level. It was the assignment of Moses to leave Pharaoh without excuse so that he understood that he might be a small-G god, very mighty in Egypt perhaps, but that there was only one God worthy of the name.