getting rid of Belly fat after pregnancy

Hello everyone,
I am new to MFP, I have been using it since last 20 days. I have a put a goal to reduce 40 pounds and I know it will take at least an year to reduce it. However, my main concern is with the belly fat which came up after having 2 kids. I am struggling to shed that weight on belly and love handles.

Any good suggestions would be highly appreciated :).