Fully appreciate what you are trying to do, as said check for damage on the dynamo taper and thread.
Please see below, these are instructions as received with the belt kit I fitted.
Place the small pulley on the dynamo shaft. Fit the spring washer and tighten the sleeve nut just a little at this stage, just so the pulleys sits squarely on the taper.
Slip the belt over the large pulley and rotate the dynamo to allow it to be passed over the small.
Rotate the dynamo body back to tighten the belt. Correct tension is such that it is easy to twist the belt at the middle of the lower run by about 45 degrees each way.
Check that the belt is positioned between the pulley flanges (not rubbing one side of
one pulley and the opposite side of the second pulley). Lateral position can be adjusted
by fitting a different thickness of annular cork seal between the dynamo and inner timing cover.
Complete the tightening of the small pulley sleeve nut. It does not have to be extremely tight for the taper to grip correctly.