valve grinding compound ............throw a little on the crank's beveled area, stick the flywheel on, without the key, and start turning it back and forth, about a half turn then back, you'll begin to feel it getting harder to spin, thats the flywheel actually mating with the shaft, it may take a few applications of the grinding compound to get it right,
then spray everything off with brake cleaner, and torque the nut/thick washer to spec.
this mating of the bevels, is what really holds the flywheel in place, the key just aligns the timing