Jason Reitman and Charlize Theron filming Young Adult

"Young Adult" will recieve the Palm Springs International Film Festival's Vanguard Award on Jan. 7. The film's director, Jason Reitman, writer Diablo Cody and stars Charlize Theron and Patton Oswalt will all be present to accept the award.

This marks the second Vanguard Award for Cody and Reitman, who won for "Juno" in 2008.

"The filmmakers and cast represent the some of the best and most exciting filmmaking work of the year and have delivered a biting black comedy as deeply poignant as it is funny," said Film Festival chairman Harold Matzner in a statement.

The festival, now in its 23rd year, runs Jan. 5-16.