You'll have a hard time arranging flashing in such a way that it negatively impacts other stuff by reflecting nasties. Just paint the exposed surfaces flat black - you can use hi-temp barbeque grill paint.
Flat black will also reduce "junk-light" reflections. The rear fresnel only "likes" light coming from the focal point and other stray light is just crap.
The flashing serves to protect underlying wood and other sensitive stuff like - say - wires running through the light chamber area, controller boards, etc.
You certainly can build with no flashing at all but in some cases it's pretty much a necessity. Sometimes it's just a case of one opinion over another too.