Was engine ran/dyno'd? If so, you shouldn't need to retime it, but you do need to be sure wires go in right spots. How sure can you be the No 1 marking on dist cap is truly meant to be No 1? Perhaps the builder was nice and marked it for you to make your life easy. I'd still double check by finding TDC and where the rotor button is will tell you if the cap mark is No 1 or not. If engine wasn't run already, then dist position was a guess by builder and you will need to determine TDC to check dist cap mark and you will also need check timing on start up.
How to find TDC -
Note - Crankshaft rotates at half the speed of distributor, and with engine turning correctly (clockwise facing balancer) on a small block the distributor turns CW, on a big block distributor turns CCW.
Remove all sparkplugs and rotate engine clockwise at balancer.
When the TDC mark on the balancer approaches zero mark on timing case you have a 50/50 chance of TDC being either the compression stroke or the exhaust stroke. You want to stop rotating engine at or a few defrees before TDC on compression stroke.
To know if it's the compression stroke TDC approaching, both valves on No. 1 cylinder (frontmost drivers side cyl) will be closed as TDC nears. (With no exh manifolds on engine or valve cover removed you can see exh valve closed and/or a helper can put finger over No.1 sparkplug hole as you approach TDC and they will feel air pressure as you turn.)
(If it's exh stroke, you can see exh valve is open and/or said helper will feel no pressure at sparkplug hole as you approach TDC. If so, turn crank another full revolution and bingo.)
Once sure you have TDC on compression stroke, dist rotor button will line up with dist cap tower for No 1 plug wire, then the rest of the wires follow firing order 1-8-4-3-6-5-7-2, CW for SB and CCW for BB. The drivers side cylinders are numbered 1,3,5,7 front to back, passenger side 2,4,6,8 front to back.
If timing wasn't set previously on dyno, timing can be set roughly with balancer at TDC, loosening dist locking bolt and rotating dist body in opposite direction to normal rotor direction to where points just open or reluctor point just lines up with pick up (with rotor still in vicinity of No 1 plug wire on cap.)