By Kelsey Glein
Updated Sep 22, 2016 @ 8:30 pm
Credit: Alberto E. Rodriguez/Getty

Brace yourselves Saturday Night Live fans—new episodes are nearly upon us, and the talented Margot Robbie is set to kick off the 2016-2017 season.

After several months of cast member shakeups, it was announced today that the 26-year-old actress was named host of the show's Season 42 premiere. The Wolf of Wall Street star will take on hosting duties next weekend, where she will be joined by musical guest The Weeknd. This marks Robbie's first time gracing the SNL stage, and The Weeknd's second appearance—he performed on Amy Schumer's episode in 2015, and just yesterday announced the release date of his upcoming album entitled Starboy, which comes out Nov. 25.

It's safe to say that Robbie has had a bang-up summer. After the huge success of her flick Suicide Squad, Warner Bros. announced last week that the Australian beauty had signed a deal for her own Harley Quinn spin-off movie in which she will both play the lead character and co-produce.

Season 42 of Saturday Night Live premieres Saturday, Oct. 1 at 11:30 p.m. ET on NBC.