Jean Baptiste Lacroix/WireImage
02/21/2011 AT 01:20 PM EST
Camille Grammer has had a rough time
lately, but some good news has come her way – she'll be front and center at this year's Academy Awards
as CNN's fashion and celebrity commentator.
"I'm pumped, I'm psyched," she said when the gig was announced
. "Everything about the Oscars is amazing."
The job will be the "thrill of a lifetime for me," added the Real Housewives
star without a trace of nerves about taking on the tough job of commentating on live television.
There's also anther arduous task ahead of her – choosing the all-important Oscar dress.
"I just started the process so we're working on it," she said.
Grammer, 42, will join Showbiz Tonight
hosts A.J. Hammer and Brooke Anderson for the special Showbiz Tonight: Road to Gold
, which will air on CNN and HLN.
"We can't wait to get Camille's unabashed take on Hollywood's biggest night," said Dave Levine, senior executive producer of CNN entertainment and Showbiz Tonight
, reports E! Online.
Grammer's divorce from ex-husband Kelsey Grammer was finalized
earlier this month.