To correct myself, I had a old steering wheel laying around, and you cannot locate it to wherever you want because of the hole for the horn.
As for yours, that is odd. I know the pitman arm is located so you can't adjust it, and I'm pretty sure the input shaft to gear box is also, so there isn't much adjustment.
If it was me and everything looked correct, I would do what you said and just cut a bit off, and your good to go. Unless anybody else has any ideas.
Nice wheel BTW.