Best way is to make a tool. Get a piece of pipe the same size as the retaining nut (the circle with slots) grind or saw through from 2 sides leaving tabs to fit the slots. Nice clean cuts and snug fit will do it. You will have the tool to reinstall and not mess up the nut.
I have used a very small screwdriver and a hammer and "gently" tap in one of the slots to unscrew. Worked for me.
The tool is called a windshield wiper escutcheon bezel nut wrench. You can buy one, but as others have said, it's pretty easy to make one out of a piece of tubing. They look like this: