Flowplayer controlbar D7
As the Flowplayer API states the basic configuration is like this

$f("player1", "flowplayer.swf", {
    clip: {
        url: 'KimAronson-TwentySeconds59483.flv',
        autoPlay: true,
        autoBuffering: true
    },
    plugins: {
        controls: null
    },
    onLoad: function(){
        alert("player loaded");
    }
});


Note the  controls: null section this will allow you to render the player without controls. 

Read Flash plugins section for more detailed information.