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I’m gonna go against the grain here and say no, especially in IT. I’m a hiring manager and I can’t tell you the number of people that are loaded with certs and only understand rote memorization and not actually practical application of topics. I prefer to see the experience and my interview questions actually get into real examples to see your thought process, instead of spitting out a list of facts.
Now, if you don’t have the experience, that can potentially offset things some, but I’ve always found experience and application are key for any of my hires.
Many managers have no clue what is even inside a cert, and gets impressed by any cert, including free ones you get for showing up (no tests).