Belly fat is a bad sign. Stress is a huge factor in belly fat! So try to manage your stress. There is no such thing as spot reducing with exercise, but in general cardiovascular exercise will help you shed, and strengthening your core with ab work, pilates and free weights will help.
I found that eating a lot of wheat makes my belly fat worse, I try to stay on a low carb diet.
"If you pay attention to when you are hungry, what your body wants, what you are eating, when you've had enough, you end the obsession because obsession and awareness cannot coexist." - Geneen Roth